Question
Hawkins Trucking is financing a new truck with a loan of $1-,000 to be repaid in 5 annual end-of-year installments of $2504.56. What annual interest
Hawkins Trucking is financing a new truck with a loan of $1-,000 to be repaid in 5 annual end-of-year installments of $2504.56. What annual interest rate is the company paying?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
5th edition
1285425758, 978-1305333468, 1305333462, 978-1285425757
