Find the present value of a 180-day non-interest-bearing note for $7200 issued February 20, 2016, if money

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Find the present value of a 180-day non-interest-bearing note for $7200 issued February 20, 2016, if money is worth 5.64%, on June 1, 2016.

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:43 AM

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Find the present value of a 180-day non-interest-bearing note for $7200 issued February 20, 2016, if money

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Maturity date is August 18 2016 bec...View the full answer

Contemporary Business Mathematics with Canadian Applications

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