what are the proceeds of a $9,500 note at a 12% discount rate for 8 months? round your answer to the nearest c?
aliza_jasani: A) $760.00
B) $912.00
C)$5,573.33
D)$8,740.00
Posts Tagged ‘Discount Rate’
What are the proceeds of a $9,500 note at a 12% discount rate for 8 months?
smartangel: What are the proceeds of a $9,500 note at a 12% discount rate for 8 months? Round your
answer to the nearest cent.
A. $760.00 C. $5,573.33
B. $912.00 D. $8,740.00
When I did I got $760, is this correct?