Question
Luke received a promissory note for lending $3,000 for 90 days at 13% simple interest. If this note is sold to a bank charging 11%
Luke received a promissory note for lending $3,000 for 90 days at 13% simple interest. If this note is sold to a bank charging 11% interest, would Luke make any money, and how much would the bank make?
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Numerical Solution Of The American Option Pricing Problem Finite Difference And Transform Approaches
Authors: Carl Chiarella, Boda Kang , Gunter H Meyer
1st Edition
9814452610,9814452637
