Question

A$3000 promissory note issued without interest for four years on June 30, 2014, is discounted on
June 30, 2017, at 6% compounded quarterly. Determine the compound discount.​

Answer 1

Step-by-step explanation:

1

16. If x-1 =3+ 2V2, the value of x3

3

X so

x=3and y=6

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