Posted by **Matthew** on Monday, June 24, 2013 at 8:01pm.

Chris Shopper received a $800 discount loan to purchase a washer and dryer. The loan was offered at 10% for 120 days. What are the proceeds?

I tried this problem and the answer is not 26.40

## Answer This Question

## Related Questions

- math - Chris Shopper received a $800 discount loan to purchase a washer and ...
- math - Find the interest in dollars and the proceeds for the following problem. ...
- Math - Sam Sounds received a $320 discount loan to purchase a stereo. The loan ...
- hinkley - Sam Sounds received a $290 discount loan to purchase a stereo. The ...
- math - Sam received a $290 discount loan to purchase a stereo. The loan was ...
- algebra - The following note was discounted at 16%. Find (a) the discount period...
- business math - Israel signed a simple discount promissory note for $15,000. The...
- math - A newlywed couple bought a washer and dryer for $800. They paid 5% down ...
- Finance - You have just started your first job and you want to have the basic ...
- math - Sara had just rented her first apartment starting December 1 before ...

More Related Questions