Answer:
68.4210526
Step-by-step explanation:
Hope this helps :)
The answer to question
Find the value of x
A.12
B.4
C.9
D.14
is c 9
What are the following ???
Here is how we are going to get the answer. Given that the maturity value of a $16,000 <span>non-interest-bearing, simple discount 6%, the 60-day note would be this: 16,000 x 0.06 x 60/360 = x
960 x 60/360 = x
960 x 0.17 = x
x = 163.2
So the answer for this would be $163.20. Hope this answers your question.</span>
Answer:
Step-by-step explanation:
(1/6)(1/6)=1/36
2.777 rounded to 2.8%