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1. |
The banker's gain on a certain sum due 1(1/2) years hence is 3/25 of the banker's discount. The rate percent is: |
A. | 5(1/5)% |
B. | 9(1/11)% |
C. | 8(1/8)% |
D. | 6(1/6)% |
Answer» C. 8(1/8)% | |