Mathematics

27 April, 18:01

Juan-Solez, a prominent painter, takes out a simple discount note for one year from River National Bank for $5,000. The annual rate of interest is 8%. What's the amount of the discount and the proceeds? A. $400; $4,600 B. $200; $2,600 C. $480; $4,800 D. $260; $4,600

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Juan-Solez, a prominent painter, takes out a simple discount note for one year from River National Bank for $5,000. The annual rate of ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

A recipe for making 3 dozen muffins requires 1.5 cups of flour. At this rate, how many cups of flour are required to make 5 dozen muffins?

What is the common difference between successive term 2,8,14,20,26

Name the properties of a rectangle

A retail store marks up its OTC (over-the-counter) merchandise 50% based on acquisition cost. What's the retail price of an item that costs $2?

A 26 foot long painting is how many yards long

New Questions in Mathematics

15%of $30 as a decimal

The ordered pairs model an exponential function, where j is the function name and e is the input variable. { (1, 10), (2, 50), (3, 250), (4, 1250) } What is the function equation in sequence notation?

Simply and reduce to lowest terms a + [a + b - a - (2a - b) ]

What percentage of a data set is represented as Q1?

Danielle can solve 4 problems in 12 minutes. At this rate, how many can she do in 18 minutes?