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A company has an account receivable of US $1,500 with a term of one year. The Bank offers to buy it for US $950. What

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A company has an account receivable of US $1,500 with a term of one year. The Bank offers to buy it for US $950. What is the implicit simple interest? One hundred thousand dollars are deposited in a bank for 5 years and a 20% annual rate compounded annually. How much do you get at the end of the term

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