HELP I NEED IT NOW AT 11:41PM PLEASE Assume that a...

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Accounting

HELP I NEED IT NOW AT 11:41PM PLEASE

Assume that a hospital makes $150 purchase on the first day of the month and must pay a $5 late fee if it doesnt pay within the first 15 days. What is the annual interest rate if the hospital pays on day 16? On day 30?

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