Sagot :
Discount rate = (360-300/360) × 100
Discount rate = (60/360) × 100
Discount rate = 0.1667 × 100
Discount rate = 16.67 or 17%
Discount rate = (60/360) × 100
Discount rate = 0.1667 × 100
Discount rate = 16.67 or 17%