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agoldberg2011 agoldberg2011
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3 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
$9,00014%110
Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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moon21cmoon21c
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