Title: The simple interest note was discounted at 15%. Find the discount period in days and the ... Post by: arunasingh5 on Jul 14, 2024 The simple interest note was discounted at 15%. Find the discount period in days and the proceeds.
Loan made: Jan 4 Face value: $3,200 Length of loan: 120 days Rate: 11% Date of discount: Mar 4 ▸ 60 days, $3,256.51 ▸ 61 days, $3,115.68 ▸ 61 days, $3,233.01 ▸ 61 days, $3,139.18 Title: Re: The simple interest note was discounted at 15%. Find the discount period in days and the ... Post by: wellsar on Jul 14, 2024 Content hidden
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