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janeniz janeniz
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2 months ago
Solve the problem. Round rates to the nearest tenth of a percent, dollar amounts to the nearest cent, and time to the nearest day.

Leon Harding receives proceeds of $6,568 after signing a 270-day note for $7,100. Find the discount rate.

▸ 13.5%

▸ 11.0%

▸ 14.0%

▸ 10.0%
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Business Mathematics

Business Mathematics


Edition: 15th
Authors:
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ryan_navarro5ryan_navarro5
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