4,8,11,14,18

fl4 Chunr 13 NOTES AND BANK Duscou NT vey common a business sell 18.3) lo a only the ee the accounts in receivable oney owed to the people the same as those discussed called and who The calculations imolved with are 13.4 Exercises Find the discount period for each of the following. Length of Loan 120 days August 4 1. June 28 2 March 13 220 days January 12 August 4 4 November 60 days December 18 Find the proceeds when each of the following simple discount notes are d Round to the nearest cent. Discount Period Maturity Value 120 days 7. SIS000 Each of the following simple interest notes was discounted at 12%. Find the discount period, the discount, and the proceeds for each. Round money to the nearest cent. Value of Loan Interest Rate Discounted 9. January 9 s 3500 120 days 9% March 9 10. April 23 S4000 150 days June 11 11. May 5 S6800 130 days 10 July 6 12, May 29 13. September 18 S10.000 220 days 10% February 4 14. October 1 si 7.500 100 days January 2 Solve the following application problems. Round money to the nearest cent and interest rates to the nearest hundredth of a percent. 15. AIR ER On June 7, Capital Air, a interest note for S8500 at 10% when it installed an air-conditioning unit on a commercial build- ing. The note is discounted on August 3 at 12%. Find (a) the discount period, (b) the discount, and (c) the proceeds to Capital Air 16. Ills simple on october 1. Home Health signed a s90.000 note was sold to interest for 180 days for electronic equipment. On February 18, the discount, another firm at a discount of 12 s Find (a) the discount period. (b and rate (c) the proceeds