Ask a New Question

what is the effective interest rate of a simple discount note for $2700 at a bank discount rate of 12.25%, for 36 months?

1 answer

bhbhh

Similar Questions

I need to calculate the effective interest rate of a simple discount note $21,750 at an ordinary bank discount rate of 7.91% for
1. 0 answers
a simple discount note for $6,600 at a ordinary bank discount rate of 8.61% for 60 days. What is the effective interest rate?
1. 1 answer
A man has a simple discount note for $6,500 at an ordinary bank discount rate of 8.61 %, for 50 days. What is the
1. 0 answers
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective
1. 5 answers

more similar questions