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Dubois inc has completed the purchase of new dell computers. the fair value of the equipment is 824,150. the purchase agreement specifies an immediate down

Dubois inc has completed the purchase of new dell computers. the fair value of the equipment is 824,150. the purchase agreement specifies an immediate down payment of 200,000 and semiannual payments of 76,952 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?

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