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K Points: 0 of 1 Kristina needed $7000 to start a web page design company and signed a 160-day note with a face value of

K Points: 0 of 1 Kristina needed $7000 to start a web page design company and signed a 160-day note with a face value of $7375.84. Find the discount rate. Use banker's interest of 360 days. The discount rate is %. (Round to the nearest tenth.)
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Kristina needed $7000 to start a web page design company and signed a 160 -day note with a face value of $7375.84. Find the discount rate. Use banker's interest of 360 days. The discount rate is %. (Round to the nearest tenth.)

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