paul and sandy moede signed an $8,000 note at citizen’s bank. citizen’s charges a 6.50% discount rate. assume the loan is for 300 days. find the proceeds. (use 360 days a year. round your intermediate calculations and final answer to the nearest cent.): Proceeds: ?? Effective rate: 6.9%
paul and sandy moede signed an $8,000 note at citizen’s bank. citizen’s charges a 6.50% discount rate. assume the loan is for 300 days. find the proceeds. (use 360 days a year. round your intermediate calculations and final answer to the nearest cent.): Proceeds: ?? Effective rate: 6.9%
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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paul and sandy moede signed an $8,000 note at citizen’s bank. citizen’s charges a 6.50% discount rate. assume the loan is for 300 days. find the proceeds. (use 360 days a year. round your intermediate calculations and final answer to the nearest cent.):
Proceeds: ??
Effective rate: 6.9%
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