A bill of exchange shows as follows:
Due 9 Oct, 200× |
Exchange for HKD10, 000.00 Hong Kong, 10 Aug., 200× |
At 60 DAYS AFTER DATE PAY TO C CO. OR ORDER THE SUM OF |
HONCKONG DOLLARS TEN THOUSAND ONLY |
To B Bank, Hong Kong For A Co., Hong Kong |
signature |
At the request of the holder, the bill was accepted and discounted on 12 August by B Bank, Hong Kong. Discount at the rate of 8% per annum. A year contains 360 basic days.
Please calculate how much the holder will get.
Discount amount:
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The amount that the holder will get:
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