Find the present value of a non-interest-bearing, seven-month promissory note for $1800 dated August 7, 2017, on

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Find the present value of a non-interest-bearing, seven-month promissory note for $1800 dated August 7, 2017, on December 20, 2017, if money is then worth 9%.

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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 03:45 AM

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Find the present value of a non-interest-bearing, seven-month promissory note for $1800 dated August 7, 2017, on

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Contemporary Business Mathematics with Canadian Applications

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