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Business, 31.08.2020 01:01 Lovescats9191

2. The Jasmine Tea Company purchased merchandise from a supplier for $43,338. Payment was a noninterest-bearing note requiring Jasmine to make six annual payments of $8,000 beginning one year from the date of purchase. What is the interest rate implicit in this agreement

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2. The Jasmine Tea Company purchased merchandise from a supplier for $43,338. Payment was a noninter...
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