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Find (A)the Discount, (B)the Amount of Money Received, and (C)the

Question 8

Multiple Choice

Find (a) the discount, (b) the amount of money received, and (c) the true interest rate.
P = $13,000, r = 3.5%, t = 9 years

A) Find (a) the discount, (b) the amount of money received, and (c) the true interest rate. P = $13,000, r = 3.5%, t = 9 years A) B) C) D)
B)
C)
D)

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