Ask a New Question
Search
What are the proceeds of a note for $5,500 at a discount rate of 8%, for 30 months?
2 answers
Plug in the numbers and solve for I.
I = PRT
1100
Ask a New Question
or
answer this question
.
Similar Questions
a man holds a note of $6,000 that has an interest rate of 13% annually the note was made on march 17 and is due november 11 he
0 answers
a man holds a note of $6,000 that has an interest rate of 13% annually the note was made on march 17 and is due november 11 he
1 answer
Calculate (a) interest and maturity value, (b) discount period, (c) bank discount, and (d) proceeds. Assume ordinary interest.
1 answer
Mel Sturbridge needs $24,700 to remodel his home. Find the face value of a simple discount note that will provide the $24,700 in
2 answers
more similar questions