O september 1 2013 hiker shoes issued a 100000 8-month
Question- On September 1, 2013, Hiker Shoes issued a $100,000, 8-month, noninterest-bearing note. The loan was made by Second Commercial Bank where the stated discount rate is 9%. Hiker's effective interest rate on this loan (rounded) is:
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question- on september 1 2013 hiker shoes issued a 100000 8-month noninterest-bearing note the loan was made by second
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for this assignment refer to the tables and answer the questions in one or two paragraphs each respond to both parts
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