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On August 1 2010 ,Columbo Co treasurer signed a note promising to pay 240000 on December 31 2010 .The proceeds of the note were 232,000 A. calculate...
On August 1 2010 ,Columbo Co treasurer signed a note promising to pay 240000 on December 31 2010 .The proceeds of the note were 232,000 A. calculate the discount rate used by the lenderB.Calculate the effective intrest rate {APR}on the loan