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MMLU-Pro / 656 / Owens Company accepted a draft, 90-day sight, amounting to …

Problem

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

question

Owens Company accepted a draft, 90-day sight, amounting to $560 drawn on them by Watts Bros. Watts Bros, had the draft discounted 34 days before the due date at 6%. What were the proceeds?

category

business

options

  1. $560
  2. $550.00
  3. $555.00
  4. $558.50
  5. $562.00
  6. $558.00
  7. $563.17
  8. $556.83
  9. $553.83
  10. $551.67

src

stemez-Business

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