Ask a New Question

simple discount notes.Use the ordinary

simple discount notes.Use the ordinary interest methodADM D/R T B/D Proceed $2900 6 1/4 180 days ? ?
1. 1 answer
2. asked by nell
3. 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
1. 0 answers
2. asked by emily
3. 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. 1 answer
2. asked by Michel
3. 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
1. 5 answers
2. asked by Anonymous
3. 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. 1 answer
2. asked by emily
3. 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
1. 0 answers
2. asked by Anoymous
3. 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
1. 2 answers
2. asked by Fellippe
3. 1,389 views
Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both
1. 0 answers
2. asked by pauline
3. 1,340 views
Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both
1. 2 answers
2. asked by marie
3. 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
1. 0 answers
2. asked by Anna
3. 434 views