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Rick discounts a 100 day note

Webrick discounts a 100-day note for $25,000 at 13%. the effective rate of interest to the nearest hundredth percent is 74,984 results Jay discounts a 100-day note for $25,000 at 13%. WebAug 30, 2024 · jay discounts a 100-day note for $25,000 at 13%. The effective rate of interest to the nearest hundredth percent is _____ . A. 13.03 B. 13.49 C. 13.70 D. 13.20. Answer Detail Get This Answer. Save Time & improve Grades. Questions Asked 684442; Experts 5303; Total Answered 658634;

jay discounts a 100-day note for $25,000 at 13%. the effective rate …

WebAug 10, 2024 · Questions 1 to 25: Select the best answer to each question. Note that a question and its answers may be split across a page break, so be sure that you have seen the entire question and all the answers before choosing an answer. 1. A $120,000, 5%, 200-day note dated June 6 is discounted on October 8. The discount period is _____ days. A. … WebA 120-day simple discount promissory note for $12,000 with a simple discount rate of 9% was signed on July 14. It was discounted on August 30 at 9.5%. Find the proceeds at the time of the sale. 2. 8. A $15,000 T-bill is purchased at a 3.85% discount rate 2 answers math asked by Fellippe 1,170 views I want to know the formula to use 1. rob lowe and son https://comperiogroup.com

Jay discounts a 100-day note for $25,000 at 13%. The effective …

WebFeb 24, 2012 · A non interest bearing 120 day note with a face value of $7,000 comes due on June 1st. The owner of the note holds it for only 20 days before having it discounted at a bank which discounts at a rate of 11 %. ... If this owner arranges a 100 day note with a bank which discounts at a rate of 13%, what is the face (loan) value to be repaid in 100 ... WebMar 27, 2024 · Rick discounts a 100-day note for $25,000 at 13%. The effective rate of interest to the nearest hundredth percent is New answers Rating There are no new … Web8) The bank discount of an $18,000 non-interest-bearing, simple discount 8 percent, 90-day note is: $360 $18,000 x .08 x 90/360 = $360 (Page 323) 9) A $15,000, 11 percent, 120-day … rob lowe atlanta incident

jay discounts a 100-day note for $25,000 at 13%. the effective rate …

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Rick discounts a 100 day note

Rick discounts a 100-day note for $25,000 at 13%. The effective …

WebJay discounts a 100-day note for $25,000 at 13%. The effective rate of interest to the nearest hundredth percent is: rev: 08_24_2013_QC_ 34268 13.48% 13.49% 13.02% 13.03% … WebMar 27, 2024 · Rick discounts a 100-day note for $25,000 at 13%. The effective rate of interest to the nearest hundredth percent is Question and answer Rick discounts a 100 …

Rick discounts a 100 day note

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WebMay 7, 2024 · jay discounts a 100-day note for $25,000 at 13%. the effective rate of interest to the nearest hundredth percent is what % See answer Advertisement Advertisement ... The effective interest of the 100-day note that Jay discounted … WebTerms of the note were 8% for 120 days. On July 8, Bob needed to raise cash and discounted the note at Rick's bank at a discount rate of 9%. Calculate Bob's proceeds. Use ordinary interest. $5,052.48 Using ordinary interest, a $12,000, 13% discount, 120-day note was discount by a bank for a company for $520 giving the company proceeds of $11,480.

WebSave every day by signing up for Offers.com's newsletter. By signing up, ... Discount Description Expires; Sale Get Deals & Offers with Email Sign Up : N/A Sale Accelerators as … Webrick discounts a 100-day note for $25,000 at 13%. the effective rate of interest to the nearest hundredth percent is 71,157 results, page 17 Social studies . What part of the offered deal is the interest rate... A. 2 year term B. Up to $40,000 …

WebRick discounts a 100-day note for $25,000 at 13%. The effective rate of interest to the nearest hundredth percent is ____%. a. 13.02 b. 13.03 c. 13.49 d. 13.48 c. 13.49 The … Webrick discounts a 100-day note for $25,000 at 13%. the effective rate of interest to the nearest hundredth percent is 73,365 results, page 17 The average homicide rate for the cities and towns in a state is 10 per 100,000 population with a standard deviation of 2. If the variable is normally distributed, what is the probability that a randomly ...

WebA: Discount on notes payable = Amount of note payable x discount rate = $90000 x 6% = $5400 question_answer Q: Sunshine Service Center received a 120-day, 6% note for $40,000, dated April 12 from a customer on…

WebFeb 25, 2024 · Rick discounts a 100-day note for $25,000 at 13%. The effective rate of interest to the nearest hundredth percent is A. 13.48%. B. 13.03%. C. 13.02%. D. 13.49%. See answer Advertisement MrsWilliams18 First we have to calculate the amount of interest. … rob lowe billy stranger thingsWebJul 4, 2015 · A one-month note dated October 15, would be due on November The proceeds of a $20,000 non-interest- bearing simple discount 13 percent, 90 day note is: A $25,000, … rob lowe british copWebRick discount a 100 day note for $25000 at 13%. The effective rate of interest to the nearest hundreth percent is I = P x R x T = 25,000 x 0.13 x (100/365) = 902.78 25000 - 902,78 = 24,097 902.78/6693.6722 = 13.487066 Added 57 days ago 1/22/2024 1:22:00 PM This answer has been confirmed as correct and helpful. 4. rob lowe cambridge policeWebNov 1, 2024 · 2024 Holiday Special. The holiday season is upon us, and Rick is here to help you with your holiday shopping. We’re announcing the return of our annual Gift Card … rob lowe and michael j foxWebOn September 14, Jennifer Rick went to Park Bank to borrow $2,500 at 1134% interest. Jennifer plans to repay the loan on January 27. Steven Linden met Jennifer Rick at Park Bank and suggested she consider the loan on exact interest. Calculate the loan for Jennifer under this assumption. rob lowe brothersWebTerms of the note were 8% for 120 days. On July 8, Bob needed to raise cash and discounted the note at Rick’s bank at a discount rate of. math; asked by Anonymous; 1,205 views; 0 answers; On May 12, Bob Campbell accepted a $5,000 note in granting a time extension of a bill of goods bought by Rick Ween. Terms of the note were 8% for 120 days. rob lowe and wife imagesWebrick discounts a 100-day note for $25,000 at 13%. the effective rate of interest to the nearest hundredth percent is 75,177 results, page 13 In order to help her save money for college, Peyton's grandparents deposited $10,000 into a savings account five years ago. Peyton has not made any withdrawals or deposits since then. rob lowe catering