SOLUTION: Please help me solve this: Face $1440; dated 5/15/76; due in 120 days; bears interest at 8 1/2%; discounted for sale on 6/14/76 at the discount rate 7 1/2%. Find the proceeds of di
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Question 1018074: Please help me solve this: Face $1440; dated 5/15/76; due in 120 days; bears interest at 8 1/2%; discounted for sale on 6/14/76 at the discount rate 7 1/2%. Find the proceeds of discounting.
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
This is a finance and accounting question. You need a finance and accounting homework help website. Try Chegg.com They charge a fee, but I don't know of a free site for finance and accounting.
John
My calculator said it, I believe it, that settles it
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