Ask a New Question

a 2-month note for $4,500 was drawn on July 3 at 8%. If money is worth 9%, find the present value of the note on the day it was made.

Ask a New Question or answer this question.

Similar Questions

You are provided with the following transactions for XYZ Ltd. for the month of July 2024:1. July 1: Sold goods on credit to ABC
1. 1 answer
Ashley saved money every month last year. The table below shows how much money she saved each month.Dollars Saved Month Money
1. 1 answer
Mike deposited $850 into the bank in July. From July to December, the amount of money he deposited increased by 25% per month.
1. 1 answer
Determine the sum of an annuity of P1,200 payable at the end of each month for 2 years. Money is worth 6% compounded monthly.
1. 1 answer

more similar questions