SOLUTION: at 16% discount rate, find the present valur of php 36,000 which is due at the end of 90 days? What is the discount?

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Question 1128757: at 16% discount rate, find the present valur of php 36,000 which is due at the end of 90 days? What is the discount?
Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
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at 16% discount rate, find the present valur of php 36,000 which is due at the end of 90 days? What is the discount?
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I am not a "Finance" person, but I think that you incorrectly use the term "discount" in this context.