Tuesday
October 21, 2014

Homework Help: math

Posted by Jan on Friday, June 7, 2013 at 2:44pm.

Home health signed a 90,000 note at 11 1/2% simple interest for 180 days for electronic equipment, on October 1. On February 18, the note was sold to another firm at a discount rate of 12 1/2%. Find a) the discount period, b) the discount, and c) the proceeds.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Accounting 1 - Red Bank Enterprises was involved in the following transactions ...
accounting-installment sales journal entry - Question: On 12/31/07, Company A ...
business Math - Carl Sonntag wanted to compare what proceeds he would receive ...
business math - Word Problem 11-17 Hafers, an electrical supply company, sold $3...
business Math - You were offered the opportunity to purchase either a simple ...
Math - Lisa borrowed 8,000 on an 8% , 60 day note after 15 days she paid 2,000 ...
math/Finance - Sheila Spinney borrowed $32,500 at 7.5% simple interest for 180 ...
Math - Hafers, an electrical supply company, sold $3,800 of equipment to Jim ...
Math/Health - I was wondering if someone could please help me this is really ...
math - Varsity Press, a publisher of college textbooks, received a $70,000 ...

Search
Members