Find (A) the Discount, (B) the Amount of Money Received $\$ 708.75$

Short Answer

Find (a) the discount, (b) the amount of money received, and (c) the true interest rate. P = $1750, r = 4.5%, t = 9 years A) (a) $\$ 708.75$
(b) $\$ 1041.25$
(c) $7.56 \%$

B) (a) $\$ 850.50$
(b) $\$ 1249.50$
(c) $9.08 \%$

C) (a) $\$ 779.63$
(b) $\$ 1145.38$
(c) $8.32 \%$

D) (a) $\$ 637.88$
(b) $\$ 937.13$
(c) $6.81 \%$