SOLUTION: Please help me with these two problems:
Find the actual interest paid, to the nearest tenth, on the simple discount note.
$27,000; discount rate 7%; length of loan 3 mo.
$
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-> SOLUTION: Please help me with these two problems:
Find the actual interest paid, to the nearest tenth, on the simple discount note.
$27,000; discount rate 7%; length of loan 3 mo.
$
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Question 203909: Please help me with these two problems:
Find the actual interest paid, to the nearest tenth, on the simple discount note.
$27,000; discount rate 7%; length of loan 3 mo.
$50,000; discount rate 8%; length of loan 6 mo. Answer by rfer(16322) (Show Source):
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