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Oakwood Plowing Company purchased two new plows for the upcoming winter. In 2 0 0 days, Oakwood must make a single payment of $ 2
Oakwood Plowing Company purchased two new plows for the upcoming winter. In days, Oakwood must make a single payment of $ to pay for the plows. As of today, Oakwood has $ Assume the Oakwood puts the money in a bank today, what rate of interest will it need to pay off the plows in days? Note: Use days a year. Do not round intermediate calculations. Round your answer to the nearest tenth percent. tableRate of Interest,
Oakwood Plowing Company purchased two new plows for the upcoming winter. In days, Oakwood must make a single payment of $ to pay for the plows. As of today, Oakwood has $ Assume the Oakwood puts the money in a bank today, what rate of interest will it need to pay off the plows in days?
Note: Use days a year. Do not round intermediate calculations. Round your answer to the nearest tenth percent.
tableRate of Interest,
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