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Mathematics, 26.02.2020 18:25, gianababnnna
A bill for $100 is purchased for $96 three months before it is due. Find: 1 The nominal rate of discount convertible quarterly earned by the purchaser 2 The annual effective rate of interest earned by the purchaser.
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Answers: 1
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A bill for $100 is purchased for $96 three months before it is due. Find: 1 The nominal rate of disc...
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