Question: (1 point) Axel has a promissory note for $1150 dated April 24, 2013. The note is due in 228 days with interest at 14%. If

 (1 point) Axel has a promissory note for $1150 dated April

(1 point) Axel has a promissory note for $1150 dated April 24, 2013. The note is due in 228 days with interest at 14%. If Axel sells the note to a bank on August 10, 2013 for $1193.57, what rate of interest will he realize on his investment

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