Ole christian borgesen needs to calculate the effective
Question: Ole Christian Borgesen needs to calculate the effective interest rate of a simple discount note for $16,000, at an ordinary bank discount rate of 8.4%, for 210 days. Find the effective rate rounded to the nearest tenth.
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question ole christian borgesen needs to calculate the effective interest rate of a simple discount note for 16000 at
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question 1 what is the effective interest rate of a simple discount note for 22000 at an ordinary bank discount rate of
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