Mel Sturbridge needs $24,700 to remodel his home. Find the face value of a simple discount note that will provide the $24,700 in proceeds if he plans to repay the note in 180 days and the bank charges an 8% discount rate. Round to the nearest cent.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Mel Sturbridge needs $24,700 to remodel his home. Find the face value of a simple discount note that will provide the $24,700 in proceeds ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Identify the graph of the compound inequality (-2 < 2x - 6)
Answers (1)
Which of the following shows a function written in equation notion that is equivalent to the function below? f (x) = 3x+10 A) y = 3f (x) - 10 B) y = 3x+10 C) y = 3 (x+10) D) y = 3f (x) - 30
Answers (1)
if $38 is invested at a simple interest rate of 2% per year, what would the total account balance be after forty years?
Answers (1)
Rita ran 5 miles in 48 minutes what was her time per mile
Answers (1)
A hummingbird beats its wings about 75 times in one second. Based on this rate, what is the number of times a hummingbird beats its wings one minute?
Answers (2)
New Questions in Mathematics
Mario brought a 1 gallon can of paint to paint his room. He used 0.5 gal for the fist coat and 0.4 gal for the second coat. How much paint did he have left
Answers (2)
What would be the answer to " round 6.125 to the nearest tenth"?
Answers (1)
Find the missig addend 82 + 41
Answers (2)
Rename 3/4 and 2/5 using 20 as the comm; on denominator
Answers (1)
Find the 88th term of the arithmetic sequence 26, 28, 30, ...
Answers (1)