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On September 1 , 2 0 2 1 , Rogan's Apparel issued a $ 1 0 2 , 0 0 0 , 6 - month,

 On September 1,2021, Rogan's Apparel issued a $102,000,6-month, noninterest-bearing note. The loan was made by Kohler Credit Union where the stated discount rate is 10%. what is Rogan's effective interest rate on this loan (rounded)

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