LULULLAH_in Financial_Valuation Problem Set_Excel Template_week ende Home insert Page Layout Formulas Data Review View Help Search Calibri X out [Copy - Format Painter -111AA H a-A- 95 Wrap Text General BIU Merge Center $ % 919 Conditions Forma Clipboard Fant Alignment Number 011 G H 1 + D F 1 What is the effective interest rate of a simple discount note for $8,000, 2 at an ordinary bank discount rate of 11%, for 120 days? 3 4 Face Value (F) 5 Discount Rate (D) 6 Time Period (T) years --> Convert Exact time in days to years 7 Bank Discount (B) 8 9 Proceeds (P) 10 11 Rate 12 13 14 15 16 17 18 19 20 21 22 Question 1 Instructions Question 2 Question 3 Question 4 Questions Question 6 Question Question Ready + Type here to search