menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Mathematics
  3. Study Set
    Business Mathematics Study Set 1
  4. Exam
    Exam 9: Simple Interest
  5. Question
    Find the Discount Period
Solved

Find the Discount Period

Question 21

Question 21

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

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

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines