document.write( "Question 1193754: Please help me with the homework.\r
\n" );
document.write( "\n" );
document.write( "1. A promissory note dated 1 April 2021 for 1500, borrowed at a simple discount rate of 16% p.a. due on the 1 October 2021 is sold on the 1 July 2021.
\n" );
document.write( "1.1. what is the maturity value of the note?
\n" );
document.write( "1.2. what is the present value on the date of sale? \n" );
document.write( "
Algebra.Com's Answer #825855 by ikleyn(52812)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "See my response under this link\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "https://www.algebra.com/algebra/homework/Finance/Finance.faq.question.1193795.html\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |