Posted by Kathy on Tuesday, May 4, 2010 at 4:33pm.
Date of Note March 11, length of note 200 days, Date of discount, June 28. What is the maturity date and the discount period, no leap years, exact days

Business Math  Rocio, Saturday, October 29, 2011 at 1:19pm
Rex Corporation accepted a $5,000 8%, 120day note dated August 8 from Regis Company in settlement of a past bill. On October 11, Rex discounted the note at Park Bank at 9%. What is the note's dicount period?

Business Math  Sheila Johnson, Sunday, December 7, 2014 at 3:40pm
Rex Corporation accepted a $5,000 8%, 120day note dated August 8 from Regis Company in settlement of a past bill. On October 11, Rex discounted the note at Park Bank at 9%. What is the note's maturity value?
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