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Home Q & A Board Science-Related Homework Help Mathematics
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shayanbk shayanbk
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3 months ago
An invoice indicates that interest at the rate of 1.75% per month will be charged on overdue amounts. What effective rate of interest is being charged?

▸ 19.21%

▸ 23.14%

▸ 24.75%

▸ 26.67%

▸ 21.00%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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brendasantsbrendasants
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3 months ago
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23.14%
1

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shayanbk Author
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3 months ago
Thanks for your help!!
rene_ram97
wrote...

Yesterday
Good timing, thanks!
jayfo05
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2 hours ago
This site is awesome
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