Joseph Moore Company sells 10% bonds having a maturity value of $2,025,000 for $1,879,014.00. The bonds are dated January 1, 2025, and mature January 1, 2030. Interest is payable annually on January 1. Click here to view factor tables. (a) Determine the effective-interest rate. (Round present value factor to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 18%.) The effective-interest rate I %