Effective interest rate
Problem:
A man has simple discount note for $6,100, at the ordinary bank discount rate of 8.61%, for 50 days. Explain the effective interest rate? Round to the nearest tenth of a percent. Justify your answer
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On the basis of your understanding of the strategic capacity management, explain the concept of outsourcing and off shoring as a strategy to manage capacity. Is this trend, or does it appear to be long-term strategy for companies? Don't think just
A man has simple discount note for $6,100, at the ordinary bank discount rate of 8.61%, for 40 days. Explain the effective interest rate?
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