A business owner in England signs a 15% discount note for 30,000 English pounds with a bank
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Question:
A business owner in England signs a 15% discount note for 30,000 English pounds with a bank in London if the proceeds are 28,835.16 find the time of the note in days
Expert Answer:
To find the time of the note in days we can use the simple discount formula Discount Pr... View the full answer
Related Book For 
Accounting for Decision Making and Control
ISBN: 978-0078025747
8th edition
Authors: Jerold Zimmerman
Posted Date:
