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

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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The discount on $ 5229 due in 1 year 9 months reckoning compound interest at 5 % is :

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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