MCQs > Mathematics > Business Mathematics > The present worth of a bill due 4 years hence at 8% discount for $10000 is $7575.8. Calculate the true discount?

Business Mathematics MCQs

The present worth of a bill due 4 years hence at 8% discount for $10000 is $7575.8. Calculate the true discount?

Answer

Correct Answer: $2424.2

Explanation:

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