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what is the discount period, bank discount, and proceeds on 25000.00 at 9% for 60 days, date of note is June 8 and date note discounted is July 10?
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Calculate (a) interest and maturity value, (b) discount period, (c) bank discount, and (d) proceeds. Assume ordinary interest.
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what is the bank discount and proceeds on 14000.00 amount due at maturity, Discount rate 3.75% and time of 280 days?
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what is the bank discount and proceeds on 20000.00 amount due at maturity, Discount rate 6.25% and time of 180 days?
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