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CALCULATOR PRIE Exercise 6-09 Marigold company purchased a machine at a price of $97,900 by signing a note payable, which requires a single payment of

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CALCULATOR PRIE Exercise 6-09 Marigold company purchased a machine at a price of $97,900 by signing a note payable, which requires a single payment of $133,192 in 4 years. Click here to view factor tables Assuming annual compounding of interest, what rate of interest is being paid on the loan? (Round answer to o decimal places, 0.g. 1396.) Rate of interest 196 LINK TO VIDEO LINK TO TEXT

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