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Business, 30.03.2020 23:14 Becky323

Wayne Night signed a $10,000 note at Lynn Bank that charges a 7% discount rate. Use ordinary interest. If the loan is for 150 days, find: A. Proceeds B. Effective rate charges by the bank (to the nearest tenth percent).

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Wayne Night signed a $10,000 note at Lynn Bank that charges a 7% discount rate. Use ordinary interes...

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