Question
11. Barbara Waters signed a simple discount note for $15,000 for 120 days at a rate of 9%. Find (a) the bank discount and (b)
11. Barbara Waters signed a simple discount note for $15,000 for 120 days at a rate of 9%. Find
(a) the bank discount and
(b) the proceeds.
14. A local branch of Gamestop, Inc., deposited $12,500 in a savings account on July 3 and then deposited an additional $3450 in the account on August 5. Find the balance on October 1 assuming an interest rate of 3 12 % compounded daily.
20. Discount Auto Insurance deposited $1800 in a savings account paying 6% compounded monthly on January 1 and deposited an additional $2300 in the account on March 12. Find the balance on April 1.
**hi do help write in words/excel. hand written hard to check**
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