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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 78
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.
Quality Furnishings accepted a 270-day, $8000 note on May 25. The interest rate on the note is 12% simple interest. The note was then discounted at 14% on August 7. Find the proceeds. _____________
Quality Furnishings accepted a 270-day, $8000 note on May 25. The interest rate on the note is 12% simple interest. The note was then discounted at 14% on August 7. Find the proceeds. _____________
Explanation
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The following table is given, 
Find the ...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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