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Halls Homestyle Farms signed a $27,000 discount note with a term of 90 days. The company received proceeds of $26,325. Find the annual simple discount

Halls Homestyle Farms signed a $27,000 discount note with a term of 90 days. The company received proceeds of $26,325. Find the annual simple discount rate for this note. A. 24% B. 25% C. 12% D. 13% E. 10% Recall that D = MdR T and P = M D

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