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Author Question: Find the discount and proceeds on a $67,720.00 face-value note for 100 days if the discount rate is 9.75%. (Read 325 times)

shenderson6

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on: Feb 26, 2020
Find the discount and proceeds on a $67,720.00 face-value note for 100 days if the discount rate is 9.75%.
◦ Discount = $1834.08
Proceeds = $65,885.92
◦ Discount = $6602.70
Proceeds = $61,117.30
◦ Discount = $1808.96
Proceeds = $65,911.04
◦ Discount = $0.00
Proceeds = $67,720.00
Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
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Marked as best answer by shenderson6 on Feb 26, 2020

yasmin

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Reply #1 on: Feb 26, 2020
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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shenderson6

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Reply 2 on: Feb 26, 2020
Great answer, keep it coming :)

alexanderhamilton

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Reply 3 on: Yesterday
Wow, this really help

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