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simple discount notes.Use the ordinary
simple discount notes.Use the ordinary interest method
ADM D/R T B/D Proceed $2900 6 1/4 180 days ? ?
1 answer
asked by
nell
478 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
0 answers
asked by
emily
1,338 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
asked by
Michel
1,666 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
12,227 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
908 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
0 answers
asked by
Anoymous
993 views
1. A 120-day simple discount promissory note for $12,000 with a simple discount rate of 9% was signed on July 14. It was
2 answers
asked by
Fellippe
1,389 views
Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both
0 answers
asked by
pauline
1,340 views
Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both
2 answers
asked by
marie
5,117 views
Wilson borrowed $14,357 for 100 days at 15% simple interest. If we looked at this loan as simple discount loan instead, what
0 answers
asked by
Anna
434 views