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Other Fields Homework Help Finance Topic started by: Mostafa91 on Jan 22, 2024



Title: Jones Corporation accepted a $25,000, 8%, 120-day note on July 8. Jones discounted the note on ...
Post by: Mostafa91 on Jan 22, 2024

Jones Corporation accepted a $25,000, 8%, 120-day note on July 8. Jones discounted the note on September 4, at Rool Bank at 7%. What proceeds did Jones receive? Use ordinary interest.

Note: Round to the nearest cent.



Title: Re: Jones Corporation accepted a $25,000, 8%, 120-day note on July 8. Jones discounted the note on ...
Post by: frithne on Jan 22, 2024
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