math
 👍
 👎
 👁

 👍
 👎

 👍
 👎

 👍
 👎
Respond to this Question
Similar Questions

math
a man has a simple discount note for $6,400 at an ordinary bank discount rate of 8.53% for 40 days what is the effective interest rate

Business/Finance
A $120,000, 5% 200day note dated June 6 is discounted on October 8. The discount period is _______ days. a. 142 b. 67 c. 124 d. 76 C is wrong

MathNPV
Net Present Value Big Steve's makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of $110,000 and will generate net cash inflows of $17,000 per year

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

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?

math
A man makes a simple discount note with a face value of $2,200, a term of 140 days, and a 9% discount rate. Find the discount.

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

finance
Rob has $1,000 to invest for 120 days and is considering two options. Option 1: He can invest the money in a 120day GIC paying simple interest of 4.48%. Option 2: He can invest the money in a 60day GIC paying simple interest of

Accounting
Which of the following is a true statement regarding interest calculation methods? A. If a borrower receives a loan on a discount basis, the APR will be less than the simple interest. B. Interest is calculated either on a straight

business Math
You were offered the opportunity to purchase either a simple interest note or a simple discount note with the following terms: $33,353 at 7% for 18 months. a. Calculate the effective interest rate. (Do not round intermediate

math
kate davidson signed a simple discount note for $9000. the discount rate is 5%, and the term of the note is 18 months. what is the annual percentage yield (apy)?

math
a man holds a note of $6,000 that has an interest rate of 13% annually the note was made on march 17 and is due november 11 he sells the note to a bank on june 14 at a discount rate of 12% annually find the proceeds on the
You can view more similar questions or ask a new question.