Mathematics, 28.07.2019 21:30, issagirl05

Mark mcclennan signed a simple discount note for $2,950 for 100 days at a rate of 8.5%. find the effective interest rate based on the proceeds received by mcclennan. 8.8% 8.5% 8.6% 8.7%

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Mark mcclennan signed a simple discount note for $2,950 for 100 days at a rate of 8.5%. find the eff...