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A simple discount note results in a higher interest rate (effective rate) than a simple interest note.

thunter609

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4 months ago

A simple discount note results in a higher interest rate (effective rate) than a simple interest note.

A simple discount note results in a higher interest rate (effective rate) than a simple interest note.

▸ true

▸ false

Textbook

Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

Read 31 times

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bruce2710

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thunter609 Author

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Just got PERFECT on my quiz

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Smart ... Thanks!

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You make an excellent tutor!

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