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Using ordinary interest, calculate the bank discount, proceeds, and effective rate for the following simple discount note ( round the effective rate to the nearest

Using ordinary interest, calculate the bank discount, proceeds, and effective rate for the following simple discount note (round the effective rate to the nearest hundredth percent):
Face
Discount
Bank
Effective
Value
Rate
Term
Discount
Proceeds
Rate
$2,600
9.3%
126 days
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