can you take a look at this one....

[wmosley]

7. John borrowed $1,000.00 discounted at 10% for six months.
7a. How much did he receive when the loan was made?
7b. What annual rate of interest is he paying for the money actually received?

[ahrkron]

To get help with homework, you need to show the work you have done, and specific questions.

Also, please post this kind of questions in the "homework help" forum.