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Paying on simple discount note

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Reference no: EM131751276

Cindy Buckley wants to know what rate she is paying on her simple discount note. The maturity value was $8,834 with $82.20 interest for 63 days. What was her rate?

Reference no: EM131751276

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Paying on simple discount note : Cindy Buckley wants to know what rate she is paying on her simple discount note. The maturity value was $8,834 with $82.20 interest for 63 days.
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