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help. 32 What is the effective interest rate on a 3-month, noninterest-bearing note with a stated rate of 12.7% and a maturity value of $208,000
help. 32
What is the effective interest rate on a 3-month, noninterest-bearing note with a stated rate of 12.7% and a maturity value of $208,000 ? Note: Do not round intermediate calculations. Round final answer to 1 decimal place. Multiple Choice 12.1% 13.1% 12.7% .14.1%Step by Step Solution
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
