Multiple Choice
Find the discount period.
-Loan made: Aug 17
Length of loan: 240 days
Date of discount: Dec 11
A) 115 days
B) 124 days
C) 125 days
D) 116 days
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: Find principal to the nearest dollar, rate
Q17: Find the interest and maturity value for
Q18: Answer the question.<br>-When using a diagram to
Q19: Find the ordinary interest to the nearest
Q20: Answer the question about the promissory note
Q22: Find the discount period.<br>-Loan made: April 22<br>Length
Q23: Solve the problem. Round dollar amounts to
Q24: Find the principal. Round to the nearest
Q25: Find the interest and maturity value for
Q26: Solve the problem.<br>-Jane Johnson buys a $30,000