Question: Suppose you deposit $ 1 2 , 8 0 0 into a bank certificate of deposit. The term is 1 0 0 days and the

Suppose you deposit $12,800 into a bank certificate of deposit. The term is 100 days and the maturity value is $13,172.30. The interest was calculated using bankers rule. Find the simple interest rate.
Suppose you deposit $12,800 into a bank certificate of deposit. The

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