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Science220 Science220
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A month ago

The effective rate of a $30,000 non-interest-bearing simple discount 5%, 60-day note is:



5.0%



5.04%



6.0%



5.14%



None of these

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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SaharakSaharak
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A month ago
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