Question: A man makes a simple discount note with the face value of 2400, a term of 120 days and an 18% discount rate. Find the
A man makes a simple discount note with the face value of 2400, a term of 120 days and an 18% discount rate. Find the discount. (USE THE BANKERS RULE)The discount is $___? (Round to the nearest cent as needed)

Score: 0 of 3 pts 16 of 20 (17 complete) A V Score: 45.14%, 22.57 of 5... X 11.3.1 iQuestion Help A man makes a simple discount note with a face value of $2,400, a term of 120 days, and an 18% discount rate. Find the discount. (Use the banker's rule.) The discount is $ . (Round to the nearest dollar as needed.)
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