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Adams Taylor is settling a $19.570 loan due today by making 6 equal annual payments of $4.625.89. Cliek here to vhisw facton tables Adams Taylor

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Adams Taylor is settling a $19.570 loan due today by making 6 equal annual payments of $4.625.89. Cliek here to vhisw facton tables Adams Taylor is settling a $19,570 loan due today by making 6 equal annual payments of $4,625.89. Click here to view factor tables Determine the interestrate on this loan, if the payments begin one year ifter the loan is signed. (Round answer to Odecimal places, es. 8\%.)

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