math(urgent)

A 7%,6O day note was discounted at 15 days before the maturity date. If the discount rate was 5.5% and the proceeds received were $ 997,77,find

a)the amount of discount that was charged
b)the discount date if maturity date of the note is 26 october 1991
c)face value

a) 997,77= (1+0.07(60/360))
=
i cant get the answer.

a)$2.29
b)11 october 1991
c)988.53

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asked by fizz
  1. 2014 what old fizz?at least he is gone

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    posted by fizz
  2. but this is nn000

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    posted by fizz

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