Use Ordinary Interest Note to Be Discounted at 11

question 1

Short Answer

Use ordinary interest:
$\begin{array}{|l|l|l|l|l|l|l|l} \hline & \text { Rate of } & & \text { Maturity } & \text { Date Note } & \text { Date Note } & \text { Discount } & \\\text { Principal } & \text { Interest } & \text { Time } & \text { Value } & \text { Made } & \text { Discounted } & \text { Period } & \text { Proceeds } \\\hline \$ 90,000 & 10 \% & 150 \text { days } & \text { A } & \text { May 3 } & \text { June } 12 & \text { B } & \text { C }\\\hline \end{array}$
Note to be discounted at 11%

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Definitions:

Parental Smoking

The act of smoking cigarettes or other tobacco products by parents, which can influence children's health risks and smoking behaviors.

Peer Group Smoking

The influence that a group of peers may have on an individual's decision to start or continue smoking.

Occupational Ethics

A set of principles and standards that guide behavior and decision-making in a specific profession or workplace.

Honesty Ratings

Measures or evaluates the extent to which an individual or entity is perceived as truthful and sincere.