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Business, 28.06.2019 20:00 Cxylaa

Eugene signed a $10,000 note at castle bank. the bank charges a 7% discount rate. suppose the loan is for 150 days. use the ordinary interest to find: (a) the proceeds (b) the effective rate charged by the bank rounded to the nearest tenth percent

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Eugene signed a $10,000 note at castle bank. the bank charges a 7% discount rate. suppose the loan i...

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