1 Answered Questions for the topic Solve For Discount

Solve For Discount

06/13/14

A man makes a simple discount note with a face value of $2300, a term of 160 days, and a 9% discount rate.

A man makes a simple discount note with a face value of $2300, a term of 160 days, and a 9% discount rate. Find the discount. (Use the banker's rule).

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