Question

# Score: 0 of 1 pt 12 of 14 (12 complete) O Discounting Notes-1 (similar to) A...

Score: 0 of 1 pt 12 of 14 (12 complete) O Discounting Notes-1 (similar to) A man has a simple discount note for \$6,600, at an ordinary bank discount rate of 8.61%, for 40 days. What is the effective interest rate? Round to the nearest tenth of a percent. The offective interest rate is%. (Round to the nearest tenth of a percent as needed.) Enter your answer in the answer box and then click Check Answer. Ciear All All parts showing MacBook Air

#### Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
• ### Time Remaining: 00:5345 Submit Quiz his Question: 1 pt 5 of 8 (2 complete) This Quiz:...

Time Remaining: 00:5345 Submit Quiz his Question: 1 pt 5 of 8 (2 complete) This Quiz: 8 pts possible A man has a simple discount note for \$6,100, at an ordinary bank d percent. scount rate o 884% for 40 days. What is the effect e interest ate? Round tote earest tenth of a The effective interest rate is []%. (Round to the nearest tenth of a percent as needed.) Enter your answer in the answer box. re to search

• ### HuTiewuIR. Capter U Homework -Math Review Save Score: 0 of 1 pt 6 of 8 (7...

HuTiewuIR. Capter U Homework -Math Review Save Score: 0 of 1 pt 6 of 8 (7 complete) HW Score: 62.5%, 5 of 8 pts ake kDiscounting Notes-1 (similar to Question Help as a simple discount note or 6 100, aar ordinary bank d scount rate of 8 53%, fo days. Wat iste eet enter strate? R ndt the naest terna percent. 2-H: The effectve interest rate is[]%. (Round to the nearest tenth of a percent as needed.) as a w.cou...

• ### Score: 0 of 1 pt 36 of 48 (45 complete) > V Score: 89.19%... (X) Instructor-created...

Score: 0 of 1 pt 36 of 48 (45 complete) > V Score: 89.19%... (X) Instructor-created question 3 Question Help Hank made payments of \$129 per month at the end of each month for 30 years to purchase a piece of property. He promptly sold it for \$108,560. What interest rate, compounded monthly, would he need to earn on an ordinary annuity for a comparable rate of return? 1.89 % (Round to the nearest hundredth as needed.) Enter your answer...

• ### Homework 3.1 Simple Interest Score: 0 of 1 pt 16 of 17 (17 complete) HW Score:...

Homework 3.1 Simple Interest Score: 0 of 1 pt 16 of 17 (17 complete) HW Score: 70 Bus Econ 3.1.63 What is the purchase price of a 50-day T-bill with a maturity value of \$1,565 that ears an annual interest rate of 6019%? (Assume a 360 day year The purchase price is \$(Round to two decimal places) Ty Enter your answer in the answer box and then click Check Answer All parts showing Clear ervices x Question 17 (0/1) ere...

• ### 14 of 20 (12 complete) HV. Score: 0 of 1 pt 8.6.5 Suppose that you are...

14 of 20 (12 complete) HV. Score: 0 of 1 pt 8.6.5 Suppose that you are thinking about buying a car and have narrowed down your choices to two options The new car option: The new car costs \$32,000 and can be financed with a five-year loan at 6.63%. The used car option: A three year old model of the same car costs \$13,000 and can be financed with a five-year loan at 5.56%. What is the difference in monthly...

• ### 12 of 14 (10 complete) HW Score: 71.439 Score: 0 of 1 pt Quest 5.5.57 A...

12 of 14 (10 complete) HW Score: 71.439 Score: 0 of 1 pt Quest 5.5.57 A golf-course architect has four linden trees, four white birch trees, and three bald cypress trees to plant in a row along a fairway. In how many ways can the landscaper plant the trees in a row, assuming that the trees are evenly spaced? different ways The trees can be planted in Enter your answer in the answer box and then click Check Answer. Check...

• ### HUMEWork! Section 6.8 Score: 0 of 1 pt 7 of 14 (7 complete) HW Score: 33.1%,...

HUMEWork! Section 6.8 Score: 0 of 1 pt 7 of 14 (7 complete) HW Score: 33.1%, 4.63 of X 6.8.7 Question Help The population of a southern city follows the exponential law. If the population doubled in size over 12 months and the current population is 30,000, what will the population be 5 years from now? What will the population be 5 years from now? The population will be approximately people. (Do not round until the final answer. Then round...

• ### Score: 0 of 1 pt 438 of 40 (36 complete) HW Score: 875%, 35 of 40...

Score: 0 of 1 pt 438 of 40 (36 complete) HW Score: 875%, 35 of 40 pts 14.5.13 E Question Help Determine the equation of the line of best fit from the data in the table on the right 10 The equation of the line of best i is y Round the slope and y-intercept to the nearest tenth.) Enter your answer in the edit fields and then click Check Answer All parts showing l is based on Pirnot: Mathematics...

• ### Homework: Homework Ch8 Score: 0 of 1 pt 22 of 32 (21 complete) End of Chapter...

Homework: Homework Ch8 Score: 0 of 1 pt 22 of 32 (21 complete) End of Chapter A.4 If the interest rate is 10 percent, what is the bresen value of a bond that matures in two years, pays \$85 one year from now, and pays \$1,085 two years from now? The present value of the bond is \$(Enter your response rounded to the nearest cont) Enter your answer in the answer box and then click Check Answer All parts showing...

• ### Score: 0 of 1 pt 3 of 20 (11 complete) Problem 5-4 (similar to) Present value)...

Score: 0 of 1 pt 3 of 20 (11 complete) Problem 5-4 (similar to) Present value) What is the present value of the following future amounts? a. \$700 to be receved 10 years from now discounted back to the present at 11 percent b. \$300 to be received 8 years from now discounted back to the present at 8 percent c. \$1,050 to be received 12 years trom now discounted back to the present at 5 percent d. \$1,050 to...