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Assuming annual compounding of interest, what rate of interest is being paid on the loan? (Round answer to O decimal places, e.g. 52%.) Rate

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Assuming annual compounding of interest, what rate of interest is being paid on the loan? (Round answer to O decimal places, e.g. 52%.) Rate of interest eTextbook and Media % What would be the purchase price of the machine had Splish Brothers negotiated a single payment of $126,500 in 4 years, using the same effective rate? (Round answer to 2 decimal places, e.g. 5,275.25.) Purchase price of the machine $ eTextbook and Media

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