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need help with homework problems 1. discount on a 180 day note if the interest rate is 16.7% and the maturity value is $8,500. 2.)
need help with homework problems
1. discount on a 180 day note if the interest rate is 16.7% and the maturity value is $8,500.
2.) If the consumer receives proceeds of $2,475.00 on a 90 day note with a discount rate Find the of 15.5%, then what is the maturity value?
3). To the nearest day what is the time period on a 9% note if the bank discount is maturity value is $8,000 and the proceeds to the borrower are $7,840?
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