A magazine offers a subscription for $15 this year and a renewal for $16.50 next year. Alternatively,

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A magazine offers a subscription for $15 this year and a renewal for $16.50 next year. Alternatively, you can pay $28 for a two-year subscription. If these deals are financially equivalent, what's the interest rate?

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Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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Posted Date: Jan 09, 2023 01:42 AM

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A magazine offers a subscription for $15 this year and a renewal for $16.50 next year. Alternatively,

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Advanced Accounting

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