The banker's discount on a certain sum due 2 years hence is $$\frac{{1 – McqOptions

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1.	The banker's discount on a certain sum due 2 years hence is $$\frac{{11}}{{10}}$$ of the true discount. The rate percent is:
A.	1%
B.	0%
C.	%
D.	.5%
Answer» D. .5%

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