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Find the discount (ordinary interest)
Find (a) the exact interest and (b) the ordinary interest. Round answers to the nearest cent
Find the discount (ordinary
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Kgk
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Calculate (a) interest and maturity value, (b) discount period, (c) bank discount, and (d) proceeds. Assume ordinary interest.
1 answer
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christina
1,209 views
Find the discount (ordinary interest) and proceeds on a promissory note for $2,000 made by Barbara Jones on February 10, 2007,
1 answer
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Peter
975 views
Find the discount (ordinary interest) and proceeds on a promissory note for $2,000 made by Barbara Jones on February 10, 2007,
1 answer
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Chol
675 views
I need to calculate the effective interest rate of a simple discount note $21,750 at an ordinary bank discount rate of 7.91% for
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Anoymous
1,032 views
A man has a simple discount note for $6,500 at an ordinary bank discount rate of 8.61 %, for 50 days. What is the
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emily
1,369 views
a simple discount note for $6,600 at a ordinary bank discount rate of 8.61% for 60 days. What is the effective interest rate?
1 answer
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Michel
1,688 views
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective
5 answers
asked by
Anonymous
12,257 views
A loan of $2500 is taken on March 15 and repaid September 15th. The interest rate for the loan was 17.75%. Find the interest
1 answer
asked by
Leslie
629 views
A man has a simple discount note for $6 comma 500, at an ordinary bank discount rate of 8.61 % comma for 50 days. What is
1 answer
asked by
emily
931 views