Ivanhoe could borrow $107,700 from its bank to finance the purchase at an annual rate of 9%. Click here to view factor tables Should Ivanhoe borrow from the bank or use the manufacturer's payment plan to pay for the equipment? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to O decimal places, e.g. 7%.) Manufacturer's rate 1 % Borrow from the Bank Ivanhoe could borrow $107,700 from its bank to finance the purchase at an annual rate of 9%. Click here to view factor tables Should Ivanhoe borrow from the bank or use the manufacturer's payment plan to pay for the equipment? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to O decimal places, e.g. 7%.) Manufacturer's rate 1 % Borrow from the Bank