The Face Value of a Note Is $7,500 with an Interest

question 11

Essay

The face value of a note is $7,500 with an interest rate of 12%. The time is based on 90 days in a 360-day year. The note has been discounted at 15% two months before the maturity of the note. How much is the discount and the proceeds?

Recognize the principles of behavior modification and their application to goal setting.

Learn the challenges in self-induced behavior modification programs and techniques for success.

Apply knowledge of controlling antecedents to modify personal environments for behavior change.

Understand the influence of biological constraints on learning and behavior.

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Definitions:

Quantitative Research

Research that provides data expressed with numbers, such as ranks or scales.

Differential Sensitivity

The variability in responsiveness or reaction among individuals or systems to external stimuli or conditions.

Poverty

A condition where an individual or community lacks the financial resources and essentials for a minimum standard of living.

Qualitative Research

A research method focused on understanding concepts, thoughts, or experiences through non-numerical data like interviews, observations, and texts.