Solve for Rate in the Problem

question 88

Multiple Choice

Solve for rate in the problem. Round to the nearest tenth of a percent.
-% of 1,743 sales is 15 sales.

• A)18.6
• B)8.6
• C)11,620.0
• D)0.9

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Definitions:

Countersignature

A second signature on a document that confirms or approves the initial signature, providing an additional level of security or authentication.

Designated Date

A specific date that has been appointed or set aside for a particular purpose or event.

Collecting Bank

A collecting bank is a bank that handles the collection of payments on behalf of a depositor, including processing checks and drafts.

Federal Reserve Bank

The central banking system of the United States, responsible for determining national monetary policy and regulating financial institutions.