I am confused:
if the math problem is asking me for the proceeds of$ note at a % discount for # of months. the anwser is the whole total or the earned. I think is the whole total with the discount.
2. math problem ask for the amount of interest on $ invested for yrs at %, compounded semiannually. is it the total or the addition.

1. "proceeds" are "whole total" (revenues)

2. "amount of interest" implies "addition" (profit)

  1. 👍
  2. 👎
  3. 👁

Respond to this Question

First Name

Your Response

Similar Questions

  1. MATH

    this is for the math Mid-Unit Review Quiz Part 2 Note: enter your answer and show all the steps that you use to solve this problem in the space provided. TRAPEZOID Calculate the area of the trapezoid, which is not drawn to

  2. Discount Notes

    Ron Prentice bought goods from shelly katz. on may 8, shelly gave ron a time extension on his bill by accepting a 3000.00, 8%, 180-day note. on august 16 shelly discounted the note at roseville bank at 9%. What proceeds does

  3. Business Math

    What are the proceeds of a note for $5,500 at a discount rate of 8%, for 30 months?

  4. Math

    Note: Enter your answer and show all the steps that you use to solve this problem in the space provided. 108 is 36% of what number? Write and solve a proportion to solve the problem. Note: Enter your answer and show all the steps

  1. math

    on may 12, Scott accepted an $8000, 12%, 90 day note for a time extension of a bill for goods bought by ron. On june 12, scott discounted the note at able bank at 10% What proceeds does scott receive

  2. math

    Jungle Warehouse signed a 9-month simple discount note with a face value of $5,600. Find the proceeds if the discount rate is 13%

  3. business Math

    Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both had the same terms: $19,500 at 8% for 2 years. Use ordinary interest as needed. a. Calculate the simple

  4. Math - Trigonometry

    For how many values of theta such that 0

  1. business math

    toby signed a simple discount promissory note for $20,000. the discount rate is 8.5%, and the term of the note is 90 days. what are toby's proceeds on the loan?

  2. Promissory notes

    Hafers, an electrical supply company, sold 4800.00 of equipment to Jim Coates Wing, INC Coates signed a promissory note May 12 with 4.5% intrest. The due date was August 10. Short of funds, Hafers contacted Charter One Bank on

  3. castor financial math

    Find the interest in dollars and the proceeds for the following problem. Choose the correct answers. Tim Tele received a $380 discount loan to purchase a DVD player. The loan was offered at 18% for 60 days. Find the interest in

  4. Business math

    A $15,000, 6%, 50-day note, dated November 8, is discounted at 5% on November 28. The proceeds of the note would be __________.

You can view more similar questions or ask a new question.