Instructions: Fill in the missing information Round-up the monetary figures to the next whole value Use 360 days = 1 year in computing for interest Principal Discount Rate Term Discount/Prepaid Interest Net Proceeds 80,000 4% 6 months ? ?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA3: Time Value Of Money
Section: Chapter Questions
Problem 11E
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Instructions:

Fill in the missing information

Round-up the monetary figures to the next whole value

Use 360 days = 1 year in computing for interest

Principal Discount Rate Term Discount/Prepaid Interest Net Proceeds
80,000 4% 6 months ? ?

 

Thank you so much for helping me : D

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