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Discount rate. Future Bookstore sells books before they are published. Today, they are offering the book Adventures in Finance for $14.13, but the book will
Discount rate. Future Bookstore sells books before they are published. Today, they are offering the book Adventures in Finance for $14.13, but the book will not be published for another 2 years. The retail price when the book is published will be $26. What is the discount rate Future Bookstore is offering its customers for this book? What is the discount rate Future Bookstore is offering its customers for this book? % (Round to two decimal places.) Waiting period. Upstate University currently has a 6,500-car parking capacity for faculty, staff, and students. This year, the university issued 4,316 parking passes. The number of parking passes issued has been growing at a rate of 8% per year. How long will it be before the university will need to add parking spaces? How long will it be before the university will need to add parking spaces? years (Round to two decimal places.)
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