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    kenyaj's Avatar
    kenyaj Posts: 2, Reputation: 1
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    #1

    Oct 25, 2013, 07:49 AM
    Business math
    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
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #2

    Oct 25, 2013, 08:06 AM
    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.
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