Recent content by ammanda

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    MHB Amount of interest and maturity value

    thank you so much for that.
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    MHB Amount of interest and maturity value

    Find the amount of interest and the maturity value of the following loan. Use the formula MV = P + I to find the maturity value. Principal Interest Rate Period Maturity Value \$91,000.00 9.25% 2.5 years ?
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    MHB What Is the Remaining Balance After a Partial Discounted Payment?

    Here is the second question. Question 2: Ace Formal wear buys tuxedos from a supplier and has an invoice amount of \$27,700. The terms of the sale are 3/20, n/30. If Ace sends a partial payment of \$7,400 on the discount date, what is the net amount still due?
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    MHB How Do You Calculate the Discount Date Using the Dating Method?

    hello everyone i have two math problems that i can not seem to get. is there anybody who could help me? I would appreciate it being broke down pleas and thank you. Question 1: [FONT=Facitweb]Using the dating method, calculate the discount date and the net date. Unless otherwise specified, the...