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Axel has a promissory note for $1150 dated February 23, 2013. The note is due in 342 days with interest at 14%. If Axel sells
Axel has a promissory note for $1150 dated February 23, 2013. The note is due in 342 days with interest at 14%. If Axel sells the note to a bank on September 1, 2013 for $1221.76, what rate of interest will he realize on his investment
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Sport Finance
Authors: Gil Fried, Steven Shapiro, Timothy D. Deschriver
2nd Edition
0736067701, 978-0736067706
