A sum of $6000 is due in 3 years. If the Banker's Discount is $540, what is the

Practice Questions

Q1
A sum of $6000 is due in 3 years. If the Banker's Discount is $540, what is the rate of interest?
  1. 8%
  2. 9%
  3. 10%
  4. 7%

Questions & Step-by-Step Solutions

A sum of $6000 is due in 3 years. If the Banker's Discount is $540, what is the rate of interest?
No concepts available.
Soulshift Feedback ×

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

Not likely Very likely