3. on march 4 jay miller accepted a $5,000 note in granting a time
extension of a bill for good...
Mathematics, 30.07.2019 06:10 KillerSteamcar
3. on march 4 jay miller accepted a $5,000 note in granting a time
extension of a bill for goods purchased by russ sullivan. terms of the note
were 9% for 150 days. on june 8 jay could no longer wait for the money
and discounted the note at ranger bank at a discount rate of 9 1/2%.
calculate jay miller's proceeds.
Answers: 2
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