term of discount of the note.
Hi, May I know how can I calculate the below question? Thanks. A RM 5,000, 8%, 6-month note dated 10 April 2017, is discounted at 6.5%. If the discount amount is RM 18.78, find the term of discount of the note.
Hi, May I know how can I calculate the below question? Thanks. A RM 5,000, 8%, 6-month note dated 10 April 2017, is discounted at 6.5%. If the discount amount is RM 18.78, find the term of discount of the note.
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