420
I’ll say that you should use your calculator
Find the amount of change by subtracting the two quantities. Divide this number by the original (starting) quantity, and convert to percent form by moving the decimal 2 places to the right.
Answer:
2,3,5,7,11
Step-by-step explanation:
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.
'y' is NOT the number of chairs in each row and column. It's the TOTAL number of
chairs, so it's the product of (chairs in each row) times (chairs in each column).
The problem says that those numbers are equal. So we would expect the TOTAL
to be a perfect square, and the number in each row and each column to be the
square root of the total. Since the total is 81, the number in each row and column
could be either +9 or -9 . Both answers are mathematically correct, but -9
doesn't make sense in the real world. So we know that +9 is the real answer.
