Exercise 6-9 Teal Company purchased a machine at a price of $109,300 by signing a note payable, which requires a single payment of $132,253 in 2 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 0 decimal places, eg, 13%.) Rate of interest Click if you would like to Show Work for this question: Open Show Work