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Science-Related Homework Help Mathematics Topic started by: fashunluvr24 on Mar 8, 2023



Title: Carrie Umholtz held a $3,200 105-day note dated July 7, bearing interest at 9.6%. On August 11, ...
Post by: fashunluvr24 on Mar 8, 2023
Carrie Umholtz held a $3,200 105-day note dated July 7, bearing interest at 9.6%. On August 11, Carrie took the note to a finance company which discounted it at 11.3%. Use a 365-day year to find the missing information on the loan.

Interest Amount:__________
Maturity Value:__________
Maturity Date:__________
Days of Discount:__________
Discount Amount:__________
Proceeds:__________


Title: Re: Carrie Umholtz held a $3,200 105-day note dated July 7, bearing interest at 9.6%. On August 11, ...
Post by: danterich on Mar 8, 2023
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