A. Using the Simple Discount Note formula:
Proceeds = Maturity Value (MV) - Discount; MV = Face Value
Discount = MdT; M = Maturity; d = discount; T = Time
= $12,300*12%*15/12
Discount = $1,845
Proceeds = MV - Discount
= $12,300 - $1,845
Proceeds = $10,455
B. Using the Simple Interest Note formula:
Effective Rate of Interest = Interest / Proceeds*Time
= $1,297.50 / $17,300*180/360
= .15
Effective Rate of Interest = .15 or 15%
C. False. Discount is the interest charged to the principal of the loan.
Answer:
Slope: 5/3, Y-intercept: (0,-3)
Step-by-step explanation:
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Answer:

Step-by-step explanation:
The appropriate trig identity is ...

Here, you have a scale factor of 6 and a=3θ, b=θ. Filling in these values gives ...

Answer:
Roy
Step-by-step explanation:
If Roy finished first the first time then he is faster at planting the seeds.
I don't know if this is correct but I think it is.
Answer:
i belive the answer is B
Step-by-step explanation: