9514 1404 393
Answer:
3.6
Step-by-step explanation:
There are 144 in² in 1 ft².
(518 in²) × (1 ft²)/(144 in²) ≈ 3.597222... ft² ≈ 3.6 ft²
Given:
<span>Face value $4,530,
discount rate 7.2%,
time 125 days
Discount on Simple Discount note:
Discount = Maturity Value * discount rate * term
Discount = 4,530 * 0.072 * 125/360
Discount = 113.25
Proceeds for the simple discount note
Proceeds = Maturity Value - Discount
Proceeds = 4,530 - 113.25
Proceeds = 4,416.75
The proceeds for the simple discount note is $4,416.75</span>
2 3/20 ,2 9/20, 2 1/2,2 11/20,2 4/5