The discount on $ 5229 due in 1 year 9 months reckoning compound inter – McqOptions

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1.	The discount on $ 5229 due in 1 year 9 months reckoning compound interest at 5 % is :
A.	$ 429.00
B.	$ 415.00
C.	$ 393.25
D.	None of these
Answer» B. $ 415.00

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