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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-> 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):
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John
My calculator said it, I believe it, that settles it