Lang Warehouses borrowed $141,838 from a bank and signed a note requiring 3 annual payments of $49,183 beginning one year from the date of the agreement. (FV of \$1. PV of \$1. EVA of \$1. PVA of \$1. EVAD of \$1 and PVAD of \$1) (Use appropriate factor(S) from the tables provided.) Required: Determine the interest rate implicit in this agreement. (Do not round intermediate calculations. Round interest rate to 1 decimal place.)