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Business, 07.04.2020 20:05 poop2351

On September 1, 2021, Hiker Shoes issued a $100,000, 8-month, noninterest-bearing note. The loan was made by Second Commercial Bank where the stated discount rate is 9%. Hiker's effective interest rate on this loan (rounded) is.

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On September 1, 2021, Hiker Shoes issued a $100,000, 8-month, noninterest-bearing note. The loan was...
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