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lubasha [3.4K]
3 years ago
7

A $15,000, 11 percent, 120-day note, dated Sept. 3, is discounted on Nov. 11. Assuming a bank discount rate of 9 percent, the pr

oceeds would be____________.
1. $15,550.00
2. $15,351.74
3. $15,531.74
4. $15,135.47
Mathematics
1 answer:
Fantom [35]3 years ago
8 0
First find the maturity value of the note, 15000+[15000*0.11*120/360]=15,550then find the term of discount,120-[27+31+11]=51daysthen multiply the maturity value by discount rate and the term of discount, 15,550*0.09*51/360=198.26then get the difference between the maturity value and the discount,15550-198.26=15,351,74So,the proceeds is 15,351.74 which is #2
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3 years ago
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Mariulka [41]

Answer:

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3 years ago
96 sq meters
Vsevolod [243]

Answer:

84 sq meters

Step-by-step explanation:

1. Approach

In order to solve this problem, one will have to divide the figure up into simple shapes. A picture is attached showing how the shape is divided up for this answer. Find the area of each region, then add up the results to find the total area.

2. Area of Region 1

As one can see, the length of (Region 1), as given is (6), the width is (3). To find the area multiply the length by the width.

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3. Area of Region 2

In (Region 2), the length is given, (12). However, one must find the width, this would be the size of the total side, minus the width of (Region 1). Multiply the length by the side to find the area.

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In (Region 3), the length of the figure is (2), the width is (3). To find the area, multiply the length by the width.

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3 years ago
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Answer:

1/12

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Sorry if this is confusing, i tried explaining as best i could! Hope this helped!

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3 years ago
HELPP will give Brainlyest answer!!!
nika2105 [10]

Answer:

Step-by-step explanation:

here you go!!

3 0
3 years ago
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