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Science-Related Homework Help Mathematics Topic started by: rosenrot on Jun 4, 2023



Title: The proceeds from the sale of a $4500 five-year promissory note bearing interest at 9% compounded ...
Post by: rosenrot on Jun 4, 2023
The proceeds from the sale of a $4500 five-year promissory note bearing interest at 9% compounded quarterly were $6055.62. To the nearest month, how long before its maturity date was the note sold if it was discounted to yield 10.5% compounded monthly?


Title: Re: The proceeds from the sale of a $4500 five-year promissory note bearing interest at 9% compounded ...
Post by: callisonr on Jun 4, 2023
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Title: Re: The proceeds from the sale of a $4500 five-year promissory note bearing interest at 9% ...
Post by: bio_man on Mar 22, 2024
Check this out:

https://www.youtube.com/watch?v=5qDii2XWInY