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Author Question: A $50 000.00, 5-year note bearing interest at 3.25% compounded quarterly, discounted three and a ... (Read 117 times)

javeds

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on: Jun 6, 2019

Question 1

A $95 600.00, non-interest-bearing note due August 1, 2017, discounted on March 1, 2015, at 1.49% compounded monthly. Find the proceeds.
◦ $92 243.34
◦ $99 225.96
◦ $92 220.90
◦ $92 335.41
◦ $92 106.54

Question 2

A $50 000.00, 5-year note bearing interest at 3.25% compounded quarterly, discounted three and a half years after the date of issue at 2.5% compounded monthly. Find the proceeds.
◦ $48 161.60
◦ $56 622.44
◦ $42 528.72
◦ $58 783.81
◦ $40 965.02
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by javeds on Jun 6, 2019

Danny Ewald

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Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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javeds

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Reply #2 on: Jun 6, 2019
Thanks


Danny Ewald

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Reply #3 on: Jun 6, 2019
Welcome :)


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