Posted by **Haydee** on Sunday, August 27, 2006 at 2:24am.

I am confused:

if the math problem is asking me for the proceeds of$ note at a % discount for # of months. the anwser is the whole total or the earned. I think is the whole total with the discount.

2. math problem ask for the amount of interest on $ invested for yrs at %, compounded semiannually. is it the total or the addition.

1. "proceeds" are "whole total" (revenues)

2. "amount of interest" implies "addition" (profit)

## Answer this Question

## Related Questions

- business Math - Carl Sonntag wanted to compare what proceeds he would receive ...
- Business Math - What are the proceeds of a note for $5,500 at a discount rate of...
- math - Home health signed a 90,000 note at 11 1/2% simple interest for 180 days ...
- business math - toby signed a simple discount promissory note for $20,000. the ...
- business math - Israel signed a simple discount promissory note for $15,000. The...
- math - what is the discount period, bank discount, and proceeds on 25000.00 at 9...
- math - 1. A 120-day simple discount promissory note for $12,000 with a simple ...
- math - kate davidson signed a simple discount note for $9000. the discount rate ...
- math/Finance - I want to know the formula to use 1. A 120-day simple discount ...
- math - Use the ordinary interest method, 360 days, to solve the following word ...