Question: homework help! 3.) The maturity value is $24,000 on a 12.57% simple interest note due on September 15th.What is the note's present value when it
homework help!
3.) The maturity value is $24,000 on a 12.57% simple interest note due on September 15th.What is the note's present value when it was made on June 15th?
5.) George signed a note with a face value (Maturity Value) of $22,000 for 180 days and received proceeds of $18,671.35.Find the discount rate.
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