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The terms of the sale were 4/3, net 76. What is the effective annual rate of interest? Convert your answer to percentage and round off
The terms of the sale were 4/3, net 76. What is the effective annual rate of interest?
Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box.
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Financial Markets And Institutions
Authors: Jeff Madura
13th Edition
0357130790, 978-0357130797
