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Science-Related Homework Help Mathematics Topic started by: gewusel on Nov 27, 2017



Title: An 11-year $5000.00 promissory note, with interest at 4.4% compounded monthly, is discounted at 3.5% ...
Post by: gewusel on Nov 27, 2017
An 11-year $5000.00 promissory note, with interest at 4.4% compounded monthly, is discounted at 3.5% compounded semi-annually yielding proceeds of $7651.15. How many months before the due date was the date of discount?
A) 20 months
B) 47 months
C) 116 months
D) 76 months
E) 132 months


Title: Re: An 11-year $5000.00 promissory note, with interest at 4.4% compounded monthly, is discounted at
Post by: josan on Nov 27, 2017
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Title: Re: An 11-year $5000.00 promissory note, with interest at 4.4% compounded monthly, is discounted at ...
Post by: Jaspreet Kaur on Oct 11, 2019
thank you


Title: Re: An 11-year $5000.00 promissory note, with interest at 4.4% compounded monthly, is discounted at ...
Post by: Jaganđeep SiNgh RandHawa on Oct 11, 2019
Thankyou


Title: Re: An 11-year $5000.00 promissory note, with interest at 4.4% compounded monthly, is discounted at ...
Post by: Mitchell Loo on Apr 19, 2020
thank you


Title: Re: An 11-year $5000.00 promissory note, with interest at 4.4% compounded monthly, is discounted at ...
Post by: Harry41450 on Jul 15, 2020
Thank you