Carl Sontag's Interest & Discount Note Comparison

In summary, Carl Sontag was comparing the proceeds he would receive from a simple interest note and a simple discount note, both with the same terms of $19,500 at 8% for 2 years. He was asked to use ordinary interest as needed. The user asking for help was advised to Google both terms for further assistance.
  • #1
nat123456
1
0
Carl Sontag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both had the same terms: $19,500 at 8 % for 2 years. Use ordinary interest as needed.

A. Calculate the simple interest note proceeds.

B. Calculate the simple discount note proceeds.
 
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  • #2
Hello nat123456 and welcome to MHB! :D

We ask that our users show their progress (work thus far or thoughts on how to begin) when posting questions. This way our helpers can see where you are stuck or may be going astray and will be able to post the best help possible without potentially making a suggestion which you have already tried, which would waste your time and that of the helper.

Can you post what you have done so far?
 
  • #3
Google both terms and you should be ok...
 

FAQ: Carl Sontag's Interest & Discount Note Comparison

What is Carl Sontag's Interest & Discount Note Comparison?

Carl Sontag's Interest & Discount Note Comparison is a financial tool used to compare the interest rates and discount rates of different notes. It helps investors make informed decisions about which note to invest in.

How does Carl Sontag's Interest & Discount Note Comparison work?

This tool works by analyzing the interest rates and discount rates of different notes and presenting the data in an easy-to-understand format. It takes into account the time value of money and calculates the present value of each note.

What information does Carl Sontag's Interest & Discount Note Comparison provide?

This tool provides information on the interest rates, discount rates, present value, and potential earnings of each note. It also allows for comparison between different notes to determine which one offers the best return on investment.

Why is Carl Sontag's Interest & Discount Note Comparison important?

This tool is important because it helps investors make informed decisions about which note to invest in. It takes into account important factors like interest rates and discount rates, which can significantly impact the return on investment. It also saves investors time and effort by presenting all the necessary information in one place.

Is Carl Sontag's Interest & Discount Note Comparison free to use?

Yes, this tool is free to use for anyone interested in comparing different notes. It is easily accessible online and does not require any registration or payment.

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