If the true discount on a sum of money is $100 for 3 years at 6% per annum, what

Practice Questions

Q1
If the true discount on a sum of money is $100 for 3 years at 6% per annum, what is the sum?
  1. $1600
  2. $1700
  3. $1800
  4. $1900

Questions & Step-by-Step Solutions

If the true discount on a sum of money is $100 for 3 years at 6% per annum, what is the sum?
No concepts available.
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