Please try to give type solution fast in 5 mins i will rate for sure Mercury draws a cash flow diagram to model the following scenario.A 180-day commercial bill will mature for $500000. The price paid for the bill at issue was $487897.47. The bill was sold 70 days after issue for$496805.48. Calculate the annual rate of simple interest (as a percentage, to two decimal places) earned by the buyer who paid $487897.47 and soldfor $496805.48. What was the annual rate of simple discount (as a percentage, to two decimal places) that the buyer sold at (earning a price of$496805.48)?Here is the cash flow diagram they drew.InvestorWUZWhich response best reflects the values of Z, Y, X, W, V, U, T and S?a. Z is 180.00, Y is $500000.00, X is $487897.47, W is 70, V is $496805.48, U is not required, T is 2.12% p.a. (simple discount) and S is 9.52%p.a. (simple interest).b. Z is 180.00, Y is $500000.00, X is $487897.47, W is 70, V is $496805.48, U is not required, T is 2.02% p.a. (simple discount) and S is 9.62%p.a. (simple interest).c. Z is 180.00, Y is $500000.00, X is $487897.47, W is 110.00, V is $496805.48, U is not required, T is 3.33% p.a. (simple discount) and S is6.06% p.a. (simple interest).d. Z is 180.00, Y is $500000.00, X is $487897.47, W is 70, V is $496805.48, U is not required, T is 2.03% p.a. (simple discount) and S is 10.25%p.a. (simple interest).

Note: 365 days convention is used in the calculation for accurate answers Here, Initial cash outflow…

Mercury draws a cash flow diagram to model the following scenario. A 180-day commercial bill will mature for $500000. The price paid for the bill at issue was $487897.47. The bill was sold 70 days after issue for $496805.48. Calculate the annual rate of simple interest (as a percentage, to two decimal places) earned by the buyer who paid $487897.47 and sol for $496805.48. What was the annual rate of simple discount (as a percentage, to two decimal places) that the buyer sold at (earning a price of $496805.48)? Here is the cash flow diagram they drew. Investor U A W Which response best reflects the values of Z, Y, X, W, V, U, T and S? Z a. Z is 180.00, Y is $500000.00, X is $487897.47, W is 70, V is $496805.48, U is not required, T is 2.12% p.a. (simple discount) and S is 9.52% p.a. (simple interest). b. Z is 180.00, Y is $500000.00, X is $487897.47, W is 70, V is $496805.48, U is not required, T is 2.02% p.a. (simple discount) and S is 9.62% p.a. (simple interest). c. Z is 180.00, Y is $500000.00, X is $487897.47, W is 110.00, V is $496805.48, U is not required, T is 3.33% p.a. (simple discount) and S is 6.06% p.a. (simple interest). d. Z is 180.00, Y is $500000.00, X is $487897.47, W is 70, V is $496805.48, U is not required, T is 2.03% p.a. (simple discount) and S is 10.25% na (simple interest)

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter16: Supply Chains And Working Capital Management

Section: Chapter Questions

Problem 11P