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hi please help. with detailed answers thank you much 0/3 pts Question 17 The Alfred K. Ajax Business School is considering purchasing a $5,575 energy-efficient

hi please help. with detailed answers thank you much

0/3 pts Question 17 The Alfred K. Ajax Business School is considering purchasing a $5,575 energy-efficient Philco Air Filtering system that will save the school $1,400 per year in operating costs for the next 5 years. The school plans to finance the system by taking out a 5 year loan. What is the maximum annual interest rate (HINT: cost of capital) that the business school can pay yet still break even on the $5,575 cost of the system. This Problem Counts 3 Points 9.32% 7.70% 8.10% 5.58% 6.75%

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