Question: (1 point) Axel has a promissory note for $2250 dated March 12, 2013. The note is due in 308 days with interest at 9%. If

(1 point) Axel has a promissory note for $2250 dated March

(1 point) Axel has a promissory note for $2250 dated March 12, 2013. The note is due in 308 days with interest at 9%. If Axel sells the note to a bank on October 1, 2013 for $2349.54, what rate of interest will he realize on his investment? Answer: %

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