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Required information [ The following information applies to the questions displayed below. ] On August 1 , 2 0 2 2 , Colombo Company's treasurer
Required information The following information applies to the questions displayed below. On August Colombo Company's treasurer signed a note promising to pay $ on December The proceeds of the note were $ Required: a Calculate the discount rate used by the lender. Note: Enter your answer as a percentage rounded to decimal place ieRequired information The following information applies to the questions displayed below. On August Colombo Company's treasurer signed a note promising to pay $ on December The proceeds of the note were $ b Calculate the effective interest rate APR on the loan. Note: Enter your answer as a percentage rounded to decimal place ie
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