Wednesday, December 30, 2009

Actual Interest Rate Find The Actual Interest Rate Paid, To The Nearest Tenth, On The Simple Discount Note.?

Find the actual interest rate paid, to the nearest tenth, on the simple discount note.? - actual interest rate

Here you will find the real interest rate for the tenth paid, refer to the simple discount.

$ 1,500, the discount rate of 6%, loan period of 9 months

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