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John wishes to borrow $ 1200 from jack. He gives him $ 600 and pay him $ 1200 in 3 years. What is the discount

  1. John wishes to borrow $ 1200 from jack. He gives him $ 600 and pay him $ 1200 in 3 years. What is the discount rate?

  1. John wishes to borrow from jack. He pays him the amount value in 2 years. If jack offer discount rate %10 and he gives him $ 1000 at now. What is the amount value or maturity value?

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