What the face value of the note will be

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Problem 1: A bank representative is in the process of preparing a non-interest-bearing note for a certain hotel. The representative applies an interest rate of 17 percent to the principal amount of $10,000 for a period of one year. The face value of the note will be $________

Problem 2: Given the information below, what is the multiple occupancy percentage?

Rooms Available for Sale100,000

Paid Rooms Occupied60,000

Paid Guests80,000

Rooms Occupied by 2 or More Guests10,000

Round to 2 decimal

Reference no: EM133001879

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