Compute for Centered at

question 38

Essay

Compute for centered at . Use the error bound to find the maximum possible size of error of .

---

Definitions:

Maker

In terms of financial instruments, the maker is the party that creates or issues the instrument, such as a check or promissory note.

Payee

The party in a financial transaction who receives payment.

Note Receivable

A written promise that entitles the holder to receive a specified amount of money from another party at a future date.

Interest

A charge for borrowed money, generally a percentage of the amount borrowed.