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OnAugust 1,2022,Colombo Company's treasurer signed a note promisingto pay $122,700 on December 31,2022.The proceeds of the note were$116,100A. Calculate the discount rate used by the

OnAugust 1,2022,Colombo Company's treasurer signed a note promisingto pay $122,700 on December 31,2022.The proceeds of the note were$116,100A. Calculate the discount rate used by the lender.B.C 2 answers

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