After 30-Days,the Note Is Sold by Brenda to a Bank

question 92

Multiple Choice

After 30-days,the note is sold by Brenda to a bank that charges a simple discount rate of d = 10%.What are the proceeds of the sale?

• A)$5050.33
• B)$5053.05
• C)$5048.83
• D)$5054.41

---

Definitions:

Maximize Contribution

An objective often pursued in business to enhance the difference between total revenues and total costs, thereby increasing profitability.

Shadow Price

An estimated price for a good or service not determined by market forces, used in economic or financial analysis to value non-market or constrained resources.

Sensitivity Analysis

The study of how the variation in the output of a model can be attributed to variations in its inputs.

Optimal Solution

The best possible outcome or decision that maximizes or minimizes a specific objective, derived through analytical methods or mathematical optimization.