Question: I need hand written step wise solution with formula as I have answer of following question A five-month note dated January 31, 2015, and bearing
I need hand written step wise solution with formula as I have answer of following question A five-month note dated January 31, 2015, and bearing interest at 8% p.a. has a maturity value of $557.75. Findthe face value of the note.
Ans . $540
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