The simple interest note was discounted at 15%. Find the discount period in days and the proceeds.Loan made: Oct 13Face value: $52,000Length of loan: 100 daysRate: 11%Date of discount: Jan 4
A. 17 days, $51,620.41
B. 17 days, $53,209.30
C. 18 days, $51,705.26
D. 18 days, $53,294.15
Answer: B
You might also like to view...
Graph the equation.y = - 
x + 6
A. 
B. 
C. 
D. 
Solve the problem by integration.The current i (in A) as a function of the time t (in s) in a certain electric circuit is given by 
Find the total charge that passes a given point in the circuit during the first three seconds.
A. 1.276 C B. 11.486 C C. 3.829 C D. 3.807 C
Solve the problem.During the first five months of the year, Len earned commissions of $3880, $2490, $2180, $2810, and $2760. If Len must have average monthly earnings of at least $2900 in order to qualify for retirement benefits, what must he earn in the sixth month in order to qualify for benefits?
A. at least $2900 B. at least $3280 C. at least $2836 D. at least $2824
Using a calculator, evaluate to four decimal places.ln 0.997
A. -0.0013 B. -0.0030 C. 0.0013 D. 0.0030