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Home Q & A Board Science-Related Homework Help Mathematics
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Anonymous bio_man
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A year ago
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, 2016, at 4.5% compounded semi-annually. Find the compound discount.

The compound discount is ____________

(Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
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Anonymous AuthorAnonymous
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#1
A year ago
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Anonymous Author
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A year ago
You make an excellent tutor!
yen
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Yesterday
Helped a lot
aznzergs
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2 hours ago
Good timing, thanks!
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