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principal s pre interest) $932 in 9 months at 6.51. 14. Mr. Denny borrows $650 for one year from a loan com- pany. He is

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principal s pre interest) $932 in 9 months at 6.51. 14. Mr. Denny borrows $650 for one year from a loan com- pany. He is given only $600 and is expected to repay the $650 at the end of one year. What is the simple discount rate? What is simple interest rate? John Walch tak

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