A man has a simple discount note for - 6000 at an ordinary
A man has a simple discount note for?
$6000 at an ordinary bank discount rate of 8.53 % for 60 days.
What is the effective interest? rate? Round to the nearest tenth of a percent.
Now Priced at $5 (50% Discount)
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a man has a simple discount note for6000 at an ordinary bank discount rate of 853 for 60 dayswhat is the effective
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