alstinbeck1458 alstinbeck1458

09-07-2017
Mathematics

contestada

A $120,000, 5%, 200-day note dated June 6 is discounted on October 8. The discount period is how many days?

Respuesta :

Aliwohaish12 Aliwohaish12

09-07-2017

June: 30-6=24
July: 31
August:31
September:30
October: 8
Total=24+31+31+30+8=124 days

Discount period:
The period of time between the date a bill of exchange is drawn and the date on which payment is due.

So discount period = 200-124=76 days

Answer Link

Otras preguntas

Why does formal prose need to be carefully organized? A. To give the reader a clear understanding of your meaning B. To allow the readers to ask questio

Jeff has a square piece of art paper. He cuts across it from one corner to the opposite corner to make two pieces. What is the total number of sides and angle

How are inner and outer planet differt?

Can you guys help me with 18 and 19 please. 18) 70% of what number is 35 19) 140% of what number is 56 Please show your method!

In a population of wolves, the birth rate is 4, the death rate is 3, immigration is 2, and emigration is 3. calculate the population growth by filling in the fo

Which tool would the government most likely employ during a period of inflation to stabilize the economy? raise cash rates lower cash rates raise government spe

Triangle LMG has side lengths of 7cm, 24 cm, and 25 cm. Which type of triangle is LMG? A.Obtuse B, Acute C.equilateral D.right

how will mutations be useful in achieving your goal color

What is 12/21 in simplest form?

in a given chemical reaction the energy of the products is greater than the energy of reactants which statement is true for this reaction? -Energy is absorbed i