The amount paid to the holder of the bill after deducting banker's discount is known as _____.
Q.4 (C) (i) The amount paid to the holder of the bill after deducting banker's discount is known as _____.
Q.4 (C) (i) The amount paid to the holder of the bill after deducting banker's discount is known as _____.
Best answer
Answer: cash value
Cash value = Face value \(-\) Banker's discount.
Log in or create a free account to answer this question.