eBook You borrow $95,000; the annual loan payments are $8,438.61 for 30 years. What interest rate are you being charged? Round your answer to the nearest whole number. % eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $46,000, its expected cash Inflows are $14,000 per year for 9 years, and its WACC is 13%. What is the project's payback? Round your answer to two decimal places. years