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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 32
Solve the following application problems. Round rates to the nearest tenth of a percent, time to the nearest day, and money to the nearest cent.
On December 24, Junella Martin signed a 100-day note for $80,000 for a Jaguar. Given a discount rate of 11%, find (a) the due date _____________and (b) the proceeds. _____________
On December 24, Junella Martin signed a 100-day note for $80,000 for a Jaguar. Given a discount rate of 11%, find (a) the due date _____________and (b) the proceeds. _____________
Explanation
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The following table is given, 
Date loa...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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