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  3. Study Set
    Practical Business Math Procedures Study Set 2
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    Exam 11: Promissory Notes, Simple Discount Notes, and the Discount Process
  5. Question
    The Rate on a Promissory Note Is Always Stated as a Semiannual
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The Rate on a Promissory Note Is Always Stated as a Semiannual

Question 34

Question 34

True/False

The rate on a promissory note is always stated as a semiannual rate.

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