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On June 2, Mr. Gomez buys merchandise for us 32,500 and signs a promissory note with a nominal value of us 37,250 and maturing on

On June 2, Mr. Gomez buys merchandise for us 32,500 and signs a promissory note with a nominal value of us 37,250 and maturing on the following January 21. What is the annual interest rate compounded per day?

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