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Home Q & A Board Science-Related Homework Help Mathematics
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sperry263 sperry263
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A year ago
Lillian Barnes made extra money by lending small amounts of money to small businesses. One such loan dated September 9, was for $8,680, for 75 days at 8.6% interest. On October 25, Lillian decided to sell the loan to a lending institution which discounted it 12.7%. 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:__________
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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crwille78crwille78
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A year ago
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sperry263 Author
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A year ago
Thanks for your help!!
kh540941
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Yesterday
Correct Slight Smile TY
shelbycox
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2 hours ago
This helped my grade so much Perfect
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