Find the annual simple discount rate equivalent to an
Find the annual simple discount rate equivalent to an annual simple interest rate of 3.9% over a term of 3 years.
Round your answer to the nearest tenth of a percent.
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suppose fred borrowed 5540 for 20 months and joanna borrowed 4969freds loan used the simple discount model with an
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find the annual simple discount rate equivalent to an annual simple interest rate of 39 over a term of 3 yearsround
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