Homework Answers
Question 1
Discount = $100,000 - $90,000
= $10,000
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Question 2
Number of periods = 10 * 2
= 20
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Discount = $10,000 / 20
= 500
---------------------------------------------------
Question 4
Cash paid = $100,000 * 6% * 1/ 2
= $3,000
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