Business, 17.02.2020 16:39 jaylabazemore
Mary Ott is going to borrow $9,700 for 180 days and pay $176 interest. What is the effective rate of interest if the loan is discounted? (Use a 360-day year. Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)
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Mary Ott is going to borrow $9,700 for 180 days and pay $176 interest. What is the effective rate of...
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