vijaysinger123 vijaysinger123
  • 27-02-2024
  • Business
contestada

What is the effective interest rate of a simple discount note for $25,100, at an ordinary bank discount rate of 10%, for 20 days? Assume that there are 360 days in a year.
The effective interest rate is %.
(Round to the nearest tenth as needed.)

Respuesta :

Otras preguntas

What are two different ways to describe and label the layers of the Earth?
A 1 digit number and a 3 digit number have a sum of 205.  The same two number have a difference of 195, a product of 1,000 and a quotient of 40.  What are the t
in an expression(8/9) squared (-81)+3/5dividedby-9/10
When was William Shakespeare born
How does transpiration play a  role in the water cycle ?
Nadine can send or receive a text message for 15 cents or get an unlimited number for 5 dollars. Write and solve an inequality to find how many messages she can
When was World War I?
Trying to translate word problems. Five times the sum of 3 and twice some number is 70. what is the number?
Trying to translate word problems. Five times the sum of 3 and twice some number is 70. what is the number?
Nadine can send or receive a text message for 15 cents or get an unlimited number for 5 dollars. Write and solve an inequality to find how many messages she can