Wilson borrowed $14,357 for 100 days at 15% simple interest. If we looked at this loan as

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Wilson borrowed $14,357 for 100 days at 15% simple interest. If we looked at this loan as simple discount loan instead, what would be the equivalent simple discount rate?

Posted Date: Jul 11, 2024 12:12 AM

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Wilson borrowed $14,357 for 100 days at 15% simple interest. If we looked at this loan as

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