tailieunhanh - Lecture Practical business math procedures (11/e) - Chapter 11: Promissory notes, simple discount notes, and the discount process

After reading the material in this chapter, you should be able to: Differentctiiate between interest-bearing and non-interest-bearing notes; calculate bank discount and proceeds for simple discount notes; calculate and compare the interest, maturity value, proceeds, and effeve rate of a simple interest note with a simple discount note; explain and calculate the effective rate for a Treasury bill; . |

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