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Asked by Deemesha

The effective rate of a 25,000 Non-interest-bearing simple discount 10% 90-day Note is

A) 10.26%
B)10.62%
c)10.8%
d)10%
7 years ago

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Answered by Leo Galleguillos
Any idea how to get started on this?
7 years ago
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Question

The effective rate of a 25,000 Non-interest-bearing simple discount 10% 90-day Note is

A) 10.26%
B)10.62%
c)10.8%
d)10%

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