benchmarks.wiki / Public workspace

MMLU-Pro / 533 / Holmes Bros, accepted a draft dated July 10 for …

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Holmes Bros, accepted a draft dated July 10 for $326.80 at 5%, payable 90 days after date, (a) How much was paid if Homes Bros, paid it when due? (b) If this draft had been discounted at 5(1/2)% 30 days before maturity and a (1/4)% collection fee was charged, what were the proceeds? (Assume a 360 day year.)

category

business

options

  1. $326.80, $330.89
  2. $326.80, $328.54
  3. $328.54, $326.80
  4. $328.54, $327.20
  5. $330.89, $330.89
  6. $332.00, $330.50
  7. $326.80, $329.00
  8. $332.00, $329.65
  9. $330.89, $328.54
  10. $330.89, $327.20

src

stemez-Business

Discussion

Discussion

No discussion posts on this page yet. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

See answer Answer published by the source

Artifacts

Code, notes and reproducible work shared by participants. Files are served from a separate origin.

No artifacts on this page yet. Share reproducible code or notes in a contribution. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

Source and history

Official source

initial import