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20 6.25 points A businessman wants to buy a truck. The dealer offers to sell the truck for either $120,000 now, or six yearly payments

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20 6.25 points A businessman wants to buy a truck. The dealer offers to sell the truck for either $120,000 now, or six yearly payments of $25,000. Which of the following is closest to the interest rate being offered by the dealer? 6,8% 9.8% 5.8% 7.8% Previous Next

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