What Are The Proceeds Of A $9,500 Note At A 12% Discount Rate For 8 Month? Round Your Answer To The Nearest Cent.

A = Prt
here
p = 9500
r = .12
t = 8/12
Putting the values in the formula you will get

a=(9500) x (.12) x (8/12)
a = 9500 x .08

a = 760 >>>answer