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Casey borrowed $700 on a 3.4% discounted loan for a period of 4 months. What is the loan's discount? $ What is the net amount

Casey borrowed $700 on a 3.4% discounted loan for a period of 4 months. What is the loan's discount? $ What is the net amount of money Casey receives? $ What is the loan's actual rate of interest? (to the nearest hundredth of a percent)

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