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 162
Solve the application problems. Round interest and discount to the nearest cent.
TRACTOR PURCHASE Cook and Daughters Farm Equipment accepts a $5800 simple interest note at 12% for 100 days, for a small used tractor. The note is dated May 12. On June 17% the firm discounts the note at the bank, at a 13% discount rate. Find (a) the bank discount _____________ and (b) the proceeds. _____________
Solve the application problems. Round interest and discount to the nearest cent.  TRACTOR PURCHASE Cook and Daughters Farm Equipment accepts a $5800 simple interest note at 12% for 100 days, for a small used tractor. The note is dated May 12. On June 17% the firm discounts the note at the bank, at a 13% discount rate. Find (a) the bank discount _____________ and (b) the proceeds. _____________
التوضيح
موثّق
like image
like image

May 12 is day 132, and June 17 is day 16...

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