# math

posted by .

1.FIND the bank discount and proceeds on the following loans

i) RM4000 FOR 3 MONTHS at 10 1/2 percent

ii) RM4215 FROM 10 june to 5 august of the same year at 10 percent

## Similar Questions

1. ### Finance Math

On June 30, 2007, Simon Company discounted a customer’s \$180,000, 6-month, and 10 percent note receivable dated April 30, 2007. A discount rate of 12 percent was charged by the bank. Simon’s proceeds from this discounted note would …
2. ### Accounting Math

This is not homework i already got it wrong without an explanation. On June 30, 2007, Simon Company discounted a customer’s \$180,000, 6-month, and 10 percent note receivable dated April 30, 2007. A discount rate of 12 percent was …
3. ### math (promissory notes)

1.FIND the bank discount and proceeds on the following loans i) RM4000 FOR 3 MONTHS at 10 1/2 percent ii) RM4215 FROM 10 june to 5 august of the same year at 10 percent
4. ### math

1.FIND the bank discount and proceeds on the following loans i) RM4000 FOR 3 MONTHS at 10 1/2 percent ii) RM4215 FROM 10 june to 5 august of the same year at 10 percent
5. ### mathematics for management

1.FIND the bank discount and proceeds on the following loans i) RM4000 FOR 3 MONTHS at 10 1/2 percent ii) RM4215 FROM 10 june to 5 august of the same year at 10 percent
6. ### math

1.FIND the bank discount and proceeds on the following loans i) RM4000 FOR 3 MONTHS at 10 1/2 percent ii) RM4215 FROM 10 june to 5 august of the same year at 10 percent
7. ### math

1.FIND the bank discount and proceeds on the following loans i) RM4000 FOR 3 MONTHS at 10 1/2 percent ii) RM4215 FROM 10 june to 5 august of the same year at 10 percent
8. ### mathematics

1.FIND the bank discount and proceeds on the following loans i) RM4000 FOR 3 MONTHS at 10 1/2 percent ii) RM4215 FROM 10 june to 5 august of the same year at 10 percent
9. ### math

find the bank discount and proceeds on the following loans RM4215 FROM 10 june to 5 august of the same year at 10 percent
10. ### math

find the discount on proceeds on a 3,270 face value note for 6 months if the discount rate is 9.5 percent

More Similar Questions