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A businessman wants to buy a truck. The dealer offers to sell the truck for either S120,000 now, or eight yearly payments of $20,000. Which

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A businessman wants to buy a truck. The dealer offers to sell the truck for either S120,000 now, or eight yearly payments of $20,000. Which of the following is closest to the interest rate being offered by the dealer? O A 7.9% B. 6.9% OG 9.9% D. 5.9% w SA

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