Question
In calculating the bank discount when discounting an interest-bearing note, which one of the following is not used in the calculation? Group of answer choices
In calculating the bank discount when discounting an interest-bearing note, which one of the following is not used in the calculation?
Group of answer choices
Principal proceeds
Maturity value
Bank discount rate
Discount period
None of these
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Gapenskis Understanding Healthcare Financial Management
Authors: George H. Pink, Paula H. Song
8th Edition
1640551093, 978-1640551091
