Jay Discounts A 100 Day Note at Byron Wells blog

Jay Discounts A 100 Day Note. Answer to calculate the effective rate of interest, we first need to calculate the discount and. Discount = 13 % time = 100 days. The effective rate of interest to the. 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: answered • expert verified.

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Interest = principal * rate * time interest = $25,000 * 0.13 * (100/360) =$722.22 answered • expert verified. The effective rate of interest to the nearest hundredth percent is: Discount = 13 % time = 100 days. Answer to calculate the effective rate of interest, we first need to calculate the discount and. The effective rate of interest to the. 1 calculate the interest on the note:

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Jay Discounts A 100 Day Note answered • expert verified. Interest = principal * rate * time interest = $25,000 * 0.13 * (100/360) =$722.22 The effective rate of interest to the nearest hundredth percent is: The effective rate of interest to the. Discount = 13 % time = 100 days. answered • expert verified. 1 calculate the interest on the note: Answer to calculate the effective rate of interest, we first need to calculate the discount and.

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