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Curretil Allempl in Progress Waterway Company purchased a machine at a price of $96,200 by signing a note payable, which requires a single payment of
Curretil Allempl in Progress Waterway Company purchased a machine at a price of $96,200 by signing a note payable, which requires a single payment of $135,154 in 3 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, e.g. 13%.) Rate of interest
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