Tom smith signs a 15 month promissory note at an 8.5% discount rate. If the face value is $17,800.70, then what is thematurity value, the bank discount and the proceeds
![]() |
Tom smith signs a 15 month promissory note at an 8.5% discount rate. If the face value is $17,800.70, then what is thematurity value, the bank discount and the proceeds
You can stop asking business math questions, kenyaj, we do not assist with homework unless you are willing to take a stab at it yourself so we can let you know if you did it correct it not.
All times are GMT -7. The time now is 01:59 PM. |