If I receive $49 199.33 from issuing a 90-day commercial bill of $50 000,what was its discount rate (assuming no fees)?
A)6.51%
B)6.49%
C)1.63%
D)1.60%

Name: If I receive $49 199.33 from issuing a 90-day commercial bill of $50 000,what was its discount rate (assuming no fees)? A)6.51% B)6.49% C)1.63% D)1.60%
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The Answer of If I receive $49 199.33 from issuing a 90-day commercial bill of $50 000,what was its discount rate (assuming no fees)?
A)6.51%
B)6.49%
C)1.63%
D)1.60%

If I Receive $49 199