If the bank loans out 10 000 for 90 days at 8 simple interest-00391
If the bank loans out $10,000 for 90 days at 8% simple interest, the PV is:
This multiple choice question (MCQ) is related to the book/course vu acc501 Business Finance. It can also be found in vu acc501 Mid Term - Quiz No.16.
If the bank loans out $10,000 for 90 days at 8% simple interest, the PV is:
9806.56
9000
10000
9500