1 Answered Questions for the topic Solve For Effective Interest Rate
Solve For Effective Interest Rate
06/14/14
A man has a simple discount note for $6400 at an ordinary bank discount rate of 8.72, for 60 days. What is the...
A man has a simple discount note for $6400 at an ordinary bank discount rate of 8.72, for 60 days. What is the effective interest rate? Round to the nearest tenth of a percent as needed. ( Use the...
more
Follows
•
1
Expert Answers
•1
![]()
Still looking for help? Get the right answer, fast.
Ask a question for free
Get a free answer to a quick problem.
Most questions answered within 4 hours.
OR
Find an Online Tutor Now
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.
