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Josie is expecting a paycheck of $ 1 , 4 3 5 . 1 9 in 1 0 days. If I pay her $ 1

Josie is expecting a paycheck of $

1, 435.19

10

days. If I pay her $

1, 400

today in exchange for this check when it is received, what is the simple discount rate for the loan? What is the simple interest rate?What is the simple interest rate?

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