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A $120,000, 5%, 200-day note dated June 6, is discounted on October 8. The discount period is:

dbomb1

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4 months ago

A $120,000, 5%, 200-day note dated June 6, is discounted on October 8. The discount period is:

▸

124 days

▸

76 days

▸

142 days

▸

67 days

▸

None of these

Textbook

Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

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letssdoothiss

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Posts: 146

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4 months ago

More solutions for this book are available here

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dbomb1 Author

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4 months ago

this is exactly what I needed

Loruiz15

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Yesterday

Thanks

Mkersey12

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2 hours ago

Correct

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