An employee borrows $6000 from a bank to purchase some household items. She plans to repay the loan with a bonus she is
Posted: Wed Jul 06, 2022 11:50 am
An employee borrows $6000 from a bank to purchase some household items. She plans to repay the loan with a bonus she is supposed to receive in 95 days. If she bomows the money at 10.5%, find the discount and the proceeds. Use banker's interest of 360 days The discount is (Round to the nearest cert) The proceeds of the tear Textbook Time Remaining: 00 57.22