Find the annual simple interest rate equivalent to an annual simple discount rate of 7% over a

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Find the annual simple interest rate equivalent to an annual simple discount rate of 7% over a term of 6 years.

Round your answer to the nearest tenth of a percent.

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

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

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Posted Date: Mar 21, 2024 05:45 PM

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Find the annual simple interest rate equivalent to an annual simple discount rate of 7% over a

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Contemporary Business Mathematics with Canadian Applications

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