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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 102
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 November 19, a firm accepts an $18,000, 150-day note with a simple interest rate of 9%. The firm discounts the note at 12% on February 2. Find the proceeds. _____________
On November 19, a firm accepts an $18,000, 150-day note with a simple interest rate of 9%. The firm discounts the note at 12% on February 2. 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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