If the true discount on a sum of money is $150 and the present worth is $850, wh

Practice Questions

Q1
If the true discount on a sum of money is $150 and the present worth is $850, what is the rate of interest per annum for 1 year?
  1. 15%
  2. 20%
  3. 25%
  4. 30%

Questions & Step-by-Step Solutions

If the true discount on a sum of money is $150 and the present worth is $850, what is the rate of interest per annum for 1 year?
No concepts available.
Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely