Simple Discount Exercise Pagina 1 di 2

([HUFLVHQ

Mary Ellen has a bill of exchange (cambiale) with a face value (valore nominale) of ¼3,500,
a term of 180 days, and a 14% discount rate. Find the discount proceeding the bill today
(use the exact simple discount)

¼241.64
¼258.36

¼234.67

¼ 245.00

Find the proceeds (PV)

¼234.67
¼3,255.00

¼3,258.36

¼ 5,178

([HUFLVHQ

A debt (debito) of ¼2,000 with a simple annual discount rate of 14% was made on May 10
and was due on August 14. Find the discount using ordinary time if the debtor would pay on
June 14.

¼47.44
¼46.03

¼46.67

¼46.79

([HUFLVHQ

Find the discount on ¼2,350 for six months if the discount rate is 7.2%.

¼8.46
¼84.60

¼169.20

¼42.30


Simple Discount Exercise Pagina 2 di 2

([HUFLVHQ

Find the proceeds on a draft (cambiale tratta) of ¼3,200 at 8% exact time. It was issued on
March 18, due November 13 and sold to a bank on June 13.

¼3,368.33
¼3,092.69

¼3,167.91

¼2,999.58

([HUFLVHQ Complete each line of the following table:

6,03/(',6&2817

)XWXUH9DOXH 5DWH 7LPH 'LVFRXQW

¼ 450 6% 2 years
4% 2 months ¼ 6.00
¼ 1,200 8% 6 months
¼ 9,400 155 days (1) ¼ 127.74
¼6,000 6.8% 314 days (2)
¼16.000 5.6% (2) ¼ 806.40

(1) calendar year (anno civile) 365 days per year (2) commercial year (anno commerciale) 360 days per
year
([HUFLVHQ

Fill in each blank of the following table:

 future  future value BBBBBBBB
¼ 4,254
value discount rate 4.95%
discount months 9
5.50%
rate simple
¼ 859.22
years 4 discount
simple
 BBBBBBBB
discount

 future value ¼6,457.20  future value ¼8,500

discount rate 13% discount rate 3.80%
months 11 months BBBBBBBB

simple simple
BBBBBBBB ¼161.50
discount discount

 future value ¼ 2,400.00  future value ¼ 7,500.00

discount discount rate 9.00 %
4%
rate days (365) BBBBBBBB

days (360) 60 simple

¼ 277.40
SUHVHQW discount
BBBBBBBB
YDOXH