The bank discount of an $18,000 non interest bearing, simple discount, 8% 90 day note is?

Answer- Amount of discount the bank will be proving is = $360

Solution-

We know the formula for simple interest, i = Prt

Where i = interest, P = capital, r = rate of interest, t = time period

Substituting the given values,

(Time is the fraction of a year that is considered to have 360 days)

⇒ i = $360

7 ft 6 in means 7 1/2, because 6 in is 1/2 of a foot. 7 ft 8 in means 7 2/3 because 8 in is 2/3 of a foot. 23/3 = 7 2/3. 15/2 = 7 1/2.

23/3   *   15/2   = 57 1/2

step-by-step explanation:

i think the answer is b. i hope i !