.
Find the proceeds for the simple discount note.
Face value $4,530, discount rate 7.2%, time 125 days
$113.25
$111.70
$4,416.75
$4,418.30
Find the proceeds for the simple discount note.
Face value $4,530, discount rate 7.2%, time 125 days
$113.25
$111.70
$4,416.75
$4,418.30