WebTerms of the note were 8% for 120 days. On July 8, Bob needed to raise cash and discounted the note at Rick's bank at a discount rate of 9%. Calculate Bob's proceeds. Use ordinary interest. $5,052.48 Using ordinary interest, a $12,000, 13% discount, 120-day note was discount by a bank for a company for $520 giving the company proceeds of $11,480. Webrick discounts a 100-day note for $25,000 at 13%. the effective rate of interest to the nearest hundredth percent is 71,157 results, page 17 Social studies . What part of the offered deal is the interest rate... A. 2 year term B. Up to $40,000 …

Solved Morris Bank discounts a 100 day note for $6,000 at Chegg…

WebFeb 20, 2016 · Jay discounts a 100-day note for $25,000 at 13%. The effective rate of interest to the nearest. hundredth percent is _____ %. A. 13.49 B. 13.48 C. 13.03 D. 13.02 a … WebTerms of the note were 8% for 120 days. On July 8, Bob needed to raise cash and discounted the note at Rick’s bank at a discount rate of. math; asked by Anonymous; 1,205 views; 0 answers; On May 12, Bob Campbell accepted a $5,000 note in granting a time extension of a bill of goods bought by Rick Ween. Terms of the note were 8% for 120 days. dr michael reife marlborough ct

rick discounts a 100-day note for $25,000 at 13%. the effective …

WebJul 4, 2015 · A one-month note dated October 15, would be due on November The proceeds of a $20,000 non-interest- bearing simple discount 13 percent, 90 day note is: A $25,000, … Webrick discounts a 100-day note for $25,000 at 13%. the effective rate of interest to the nearest hundredth percent is 73,365 results, page 17 The average homicide rate for the cities and towns in a state is 10 per 100,000 population with a standard deviation of 2. If the variable is normally distributed, what is the probability that a randomly ... WebAug 30, 2024 · jay discounts a 100-day note for $25,000 at 13%. The effective rate of interest to the nearest hundredth percent is _____ . A. 13.03 B. 13.49 C. 13.70 D. 13.20. Answer Detail Get This Answer. Save Time & improve Grades. Questions Asked 684442; Experts 5303; Total Answered 658634; cold water gardens milton