expand icon
book Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller cover

Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

النسخة 12الرقم المعياري الدولي: 978-0132605540
book Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller cover

Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

النسخة 12الرقم المعياري الدولي: 978-0132605540
تمرين 67
Solve the application problems. Round interest and discount to the nearest cent.
BATTERY STORE A National Tire and Battery outlet borrowed $48,500 on a 200-day simple interest note to expand the battery store. The note was signed on December 28 and carried an interest rate of 9.8%. The note was then sold on March 17 at a discount rate of 10%. Find (a) the maturity value of the note _____________ and (b) the proceeds to the seller of the note on May 17. _____________
التوضيح
موثّق
like image
like image

The following table is given, blured image blured image Recall t...

close menu
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
cross icon