BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A loan of RM7, 000 was made on 15 October 2015 at ABC Bank that charged a simple discount rate of d%. The discount charged was RM 205 and the loan matured on 11 November 2015. Find the proceed received.
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RM 6, 090
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RM 6, 095
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RM 6, 795
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RM 6, 700
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Explanation:
There is 1 question to complete.