The Bank of Montreal reduced its annual lending rate from 6% to 5.75%. What is the percent

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The Bank of Montreal reduced its annual lending rate from 6% to 5.75%. What is the percent reduction in the lending rate?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0134141084

11th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs

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Question Posted: Nov 29, 2017 06:41 AM

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The Bank of Montreal reduced its annual lending rate from 6% to 5.75%. What is the percent

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Contemporary Business Mathematics with Canadian Applications

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