Calculate the amount of proceeds if a 90-day interest-bearing note that had a face value of $10,000
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Calculate the amount of proceeds if a 90-day interest-bearing note that had a face value of $10,000 and an interest rate of 7% p.a. was sold in 30 days when the interest rate was 8% p.a.
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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