Find the present value of a 180-day non-interest-bearing note for $7200 issued February 20, 2020, if money is worth 5.64%, on June 1, 2020.

Find the present value of a 180-day non-interest-bearing note for $7200 issued February 20, 2020, if money is worth 5.64%, on June 1, 2020.

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Related Book For answer-question

Contemporary Business Mathematics with Canadian Applications

11th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs

ISBN: 978-0134141084