
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
النسخة 12الرقم المعياري الدولي: 978-0132605540
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
النسخة 12الرقم المعياري الدولي: 978-0132605540 تمرين 138
Solve the following application problems. Round interest and discount to the nearest cent.
ROCK CRUSHER First Bank loaned $360,000 for 180 days to a company purchasing a rock-crushing machine. The bank sold the 7% simple interest note 120 days later at an 8% discount rate. Find (a) the bank discount and (b) the proceeds.
ROCK CRUSHER First Bank loaned $360,000 for 180 days to a company purchasing a rock-crushing machine. The bank sold the 7% simple interest note 120 days later at an 8% discount rate. Find (a) the bank discount and (b) the proceeds.
التوضيح
The following table is given,
Recall t...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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