Find the annual simple discount rate equivalent to an annual simple interest rate of 7.2% over a
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Question:
Find the annual simple discount rate equivalent to an annual simple interest rate of 7.2% over a term of 6 years.
Round your answer to the nearest tenth of a percent.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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