Question
Salamah received a 180-day promissory note with a face value of RM10,000 at an interest rate of 8.5%. She then sold the note to a
Salamah received a 180-day promissory note with a face value of RM10,000 at an interest rate of 8.5%. She then sold the note to a bank after hold for 100 days. Find the discount term.
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
