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Discount & present value by using compound interest

Quiz by Zahra

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Q 1/2
Score 0
A note BD 3500 that will mature in 3 years was sold to a bank that uses a 4.5% annually discount rate .find discount
29
BD 3067.05
BD 432.96
BD 450

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2 questions

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Q1
A note BD 3500 that will mature in 3 years was sold to a bank that uses a 4.5% annually discount rate .find discount
BD 3067.05
BD 432.96
BD 450
30s
Q2
A note BD 3500 that will mature in 3 years was sold to a bank that uses a 4.5% annually discount rate .find the present value
BD 3994.08
BD 3067.05
BD 3540
30s

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