Top Posters
Since Sunday
r
7
c
6
5
n
5
S
4
M
4
r
4
1
4
s
4
s
4
n
4
s
4
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
edehghany edehghany
wrote...
Go to Answer
Posts: 151
Rep: 0 0
7 months ago

Compute bank discount using (A) ordinary interest, (B) proceeds, and (C) effective interest rate to the nearest hundredth of a percent. Do not round denominator in your calculation.

Face ValueDiscount RateTime in Days
$12,00013%120
Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
Read 54 times
1 Reply
Replies
Answer verified by a subject expert
chandlerdeanechandlerdeane
wrote...
#1
Posts: 141
Rep: 0 0
7 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

edehghany Author
wrote...

7 months ago
Helped a lot
homework1
wrote...

Yesterday
This helped my grade so much Perfect
dedricgard
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1604 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 274
  
 306
  
 4438
Your Opinion
What's your favorite math subject?
Votes: 559
Previous poll results: Which is the best fuel for late night cramming?