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

Algebra ->  Customizable Word Problem Solvers  -> Finance -> 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      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



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) About Me  (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