Question
I am confused:
if the math problem is asking me for the proceeds of$ note at a % discount for # of months. the anwser is the whole total or the earned. I think is the whole total with the discount.
2. math problem ask for the amount of interest on $ invested for yrs at %, compounded semiannually. is it the total or the addition.
1. "proceeds" are "whole total" (revenues)
2. "amount of interest" implies "addition" (profit)
if the math problem is asking me for the proceeds of$ note at a % discount for # of months. the anwser is the whole total or the earned. I think is the whole total with the discount.
2. math problem ask for the amount of interest on $ invested for yrs at %, compounded semiannually. is it the total or the addition.
1. "proceeds" are "whole total" (revenues)
2. "amount of interest" implies "addition" (profit)