Jay Discounts A 100 Day Note at Chloe Emil blog

Jay Discounts A 100 Day Note. The effective rate of interest to the nearest hundredth percent is: Interest = principal * rate * time interest = $25,000 * 0.13 * (100/360) =$722.22 1 calculate the interest on the note: The effective rate of interest to the nearest hundredth percent is: Let's solve for the effective rate. Answer to calculate the effective rate of interest, we first need to calculate the discount and then use it to find the effective.

Solved Jay discounts a 100day note for 25,000 at 13. The effective
from www.gauthmath.com

1 calculate the interest on the note: The effective rate of interest to the nearest hundredth percent is: Let's solve for the effective rate. Interest = principal * rate * time interest = $25,000 * 0.13 * (100/360) =$722.22 Answer to calculate the effective rate of interest, we first need to calculate the discount and then use it to find the effective. The effective rate of interest to the nearest hundredth percent is:

Solved Jay discounts a 100day note for 25,000 at 13. The effective

Jay Discounts A 100 Day Note Interest = principal * rate * time interest = $25,000 * 0.13 * (100/360) =$722.22 1 calculate the interest on the note: Answer to calculate the effective rate of interest, we first need to calculate the discount and then use it to find the effective. The effective rate of interest to the nearest hundredth percent is: Let's solve for the effective rate. The effective rate of interest to the nearest hundredth percent is: Interest = principal * rate * time interest = $25,000 * 0.13 * (100/360) =$722.22

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