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leonid [27]
3 years ago
11

Find the proceeds for the simple discount note.

Mathematics
2 answers:
lutik1710 [3]3 years ago
5 0
Given:
Face Value $15,000
Discount rate 6.5%
Term 70 days

Discount for a simple discount note:
Discount = Maturity Value * Discount Rate * Term of Note
Discount = 15,000 * 0.065 * 70/360 
Discount =   189.58

Proceeds from Simple Discount note:
Proceeds = Maturity Value - Discount
Proceeds = 15,000 - 189.58
Proceeds = 14,810.42

The proceeds for the simple discount note is $14,810.42. Choice C. 
Dmitry [639]3 years ago
4 0

Answer:

Step-by-step explanation:

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8 0
3 years ago
Bryan has quarters and nickels in his piggy bank. He has three times as many nickels as he has quarters. If the total value of t
sleet_krkn [62]

Answer:

90

Step-by-step explanation:

Quarters , q = 25 cent

Nickel, n = 5 cent

3 times as many nickels as quarters;

n = 3q

Total value of coins = $12

n + q = $12

0.05n + 0.25q = 12

0.05(3q) + 0.25q = 12

0.15q + 0.25q = 12

0.40q = 12

q = 12 / 0.40

q = 30

n = 3q

n = 3(30)

n = 90

90 nickels

3 0
3 years ago
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MrRissso [65]
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5 0
3 years ago
Solve for s.<br><br><br> 12s=72<br><br><br><br> 17<br> 27<br> 3<br> 7
Lubov Fominskaja [6]

Answer:

s = 6

Step-by-step explanation:

In order to determine the value of s divide the coefficient on both sides.

In simpler terms, a coefficient is a number attached to the variable, which in this case must be divided to remove the coefficient and determine s.

72/12 = 6

Answer: s = 6


8 0
3 years ago
Read 2 more answers
Which line best represents the line of best fit for this scatter plot?
Lerok [7]

Answer: line R

Step-by-step explanation: because it crossing through the starting and ending points

7 0
3 years ago
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