man has a simple discount note for $ 6,300, at an ordinary bank discount rate of 8.53 % 40 days. What is the effective interest rate? Round to the nearest tenth of a percent. (Use the banker’s rule.)
https://myatiteasonline.com/wp-content/uploads/2024/08/My-ATI-500x423-4.png00adminhttps://myatiteasonline.com/wp-content/uploads/2024/08/My-ATI-500x423-4.pngadmin2022-09-06 00:43:022022-09-06 00:43:02man has a simple discount note for $ 6,300, at an ordinary bank discount rate
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