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The following loan is discounted find the (a) The discount, (B) the amount of money received, and (c) the true interest rate. p= $2460 r=

The following loan is discounted find the (a) The discount, (B) the amount of money received, and (c) the true interest rate. p= $2460 r= 6.5% t=7 years

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The following loan is discounted. Find (a) the discount, (b) the amount of money received, and (c) the true interest rate. P=$2460.00, r=6-%, t -7 years 2 Part: 0 / 3 Part 1 of 3 (a) The discount is X

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