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Can someone please help me with this question. Thank you in advance! Sweet Inc. has completed the purchase of new Dell computers. The fair value

Can someone please help me with this question. Thank you in advance!image text in transcribed

Sweet Inc. has completed the purchase of new Dell computers. The fair value of the equipment is $890,082. The purchase agreement specifies an immediate down payment of $216,000 and semiannual payments of $83,108 beginning at the end of 6 months for 5 years. What is the interest rate, to the nearest percent, used in discounting this purchase transaction? Interest rate 8 % semiannually

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