How much would be the loan proceeds

Reference no: EM13666244

How much would be the loan proceeds from a discount loan of $1,000 at 3.5% for 230 days? (Be sure to round the time to the nearest hundredth. Example: 250 days divided by 365 days is .68, not .684.)

Reference no: EM13666244

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How much would be the loan proceeds : How much would be the loan proceeds from a discount loan of $1,000 at 3.5% for 230 days? (Be sure to round the time to the nearest hundredth. Example: 250 days divided by 365 days is .68, not .684.)

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