The holder of a bill for 17850 nominally due on May 21, 1991 received 357 less than the amount of the bill by having it discounted at 5 %. When was it discounted?

The holder of a bill for 17850 nominally due on May 21, 1991 received

1.	The holder of a bill for 17850 nominally due on May 21, 1991 received 357 less than the amount of the bill by having it discounted at 5 %. When was it discounted?
A.	Dec 29, 1990
B.	Dec 30, 1989
C.	Dec 19, 1990
D.	Dec 20, 1995
E.	None of these
Answer» B. Dec 30, 1989

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The holder of a bill for 17850 nominally due on May 21, 1991 received 357 less than the amount of the bill by having it discounted at 5 %. When was it discounted?

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