This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A holder of a $9000, 7%, 210-day note dated June 8 decides to sell the note at a discount based on ... (Read 237 times)

colton

  • Hero Member
  • *****
  • Posts: 627
on: Feb 26, 2020
A holder of a $9000, 7%, 210-day note dated June 8 decides to sell the note at a discount based on ordinary interest. The note is sold on July 18 at a discount of 12% using the banker's rule. Find the proceeds.
◦ $8836.68
◦ $9057.85
◦ $8770.64
◦ $8833.55
Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by colton on Feb 26, 2020

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
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.
Answer Preview
Only 25% of students answer this correctly


colton

  • Member
  • Posts: 627
Reply 2 on: Feb 26, 2020
:D TYSM

lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Young male Pacific Walruses on Cape Pierce in Alaska. Note the variation in the curvature and orient Young male Pacific Walruses on Cape Pierce in Alaska. Note the variation in the curvature and orient
A Tibetan wolf killed in 1938. Note the proportionately short legs A Tibetan wolf killed in 1938. Note the proportionately short legs
Skull of an Oriental giant squirrel (genus Ratufa) - note the classic sciuromorphous shape of the an Skull of an Oriental giant squirrel (genus Ratufa) - note the classic sciuromorphous shape of the an
Treatment of Depression with Ketamine The graph shows the effects of ketamine on symptoms of depress Treatment of Depression with Ketamine The graph shows the effects of ketamine on symptoms of depress
There are many types of adaptive devices: (A) a toothbrush; (B) a reaching stick; (C) a shoe holder; ... There are many types of adaptive devices: (A) a toothbrush; (B) a reaching stick; (C) a shoe holder; ...
How lateral inhibition produces contrast enhancement. (Based on Ratliff, 1972.) How lateral inhibition produces contrast enhancement. (Based on Ratliff, 1972.)
Video: EpiPen Animation (Part 1)

For a complete list of videos, visit our video library