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A) a borrower recieves $1500 today and must pay back $1580 in 200 days if this is a discounted loan what rate if simple discount
A) a borrower recieves $1500 today and must pay back $1580 in 200 days if this is a discounted loan what rate if simple discount is assumed B) if a borrower actaully wanted to receive $1800 today what size discounted loan should she ask for if d= 8.7% and the loan is due in 1 year
A) a borrower recieves $1500 today and must pay back $1580 in 200 days if this is a discounted loan what rate if simple discount is assumed
B) if a borrower actaully wanted to receive $1800 today what size discounted loan should she ask for if d= 8.7% and the loan is due in 1 year
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