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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 126
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.
Barton's Flowers accepted a $16,000, 150-day note from Wedded Bliss Catering. The note had a simple interest rate of 11% and was accepted on May 12. The note was then discounted at 13% on July 20. Find the proceeds to Barton's Flowers. _____________
Barton's Flowers accepted a $16,000, 150-day note from Wedded Bliss Catering. The note had a simple interest rate of 11% and was accepted on May 12. The note was then discounted at 13% on July 20. Find the proceeds to Barton's Flowers. _____________
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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