# 4. Mel Sturbridge needs $24,700 to remodel his home. Find the face value of a simple discount note that will...

**joev81670**

4. Mel Sturbridge needs $24,700 to remodel his home. Find the face value of a simple discount note that will provide the $24,700 in proceeds if he plans to repay the note in 180 days and the bank charges an 8% discount rate.

- 10 years ago
- 1

**Answer(1)**

Purchase the answer to view it

NOT RATED

**Bids(0)**

**other Questions(10)**

- (Log5)7+(1/2)(log5)4=(log5)4
- factor the expression 12(a-3)-2a(a-3)
- what is the first ten amendements called?
- Can anyone do criminal justice homework?
- third person essay!
- (3+2i)+(4-5i)
- what theories had there been for the creation of the moon?
- characteristics of strategic HRM
- (9x^4 + 3x^3y - 5x^2y^2 + xy^3) / (3x^3 + 2x^2y - xy^2)
- Determine whether the condensation of nitromethane (CH3NO2) is spontaneous at 40°C and 1 atm.