Answer:
The answer is "
".
Step-by-step explanation:
Using formula:

Let

Substituting the value for all r:
Therefore,

Easy.
2x + 3x
2x + 3x
2x ( 1 + 3x / 2x )
2x ( 1 + 1.5 )
2x ( 3 )
6x
or
2x ( 3 )
or
3x ( 2 )
That's it.
Hope helps ...........
Answer:
$174.75 is what the store would sell it as
Step-by-step explanation:
they marked it up by $99.75
x/4 >= -8
Multiply both sides by 4.
x >= (-8)(4)
x >= -32
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>