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Oakwood Flowing Company purchased two new plows for the upcoming winter. In 200 days, Oakwood must make a single payment of $19,656 to pay for

Oakwood Flowing Company purchased two new plows for the upcoming winter. In 200 days, Oakwood must make a single payment of $19,656 to pay for the plows. As of today, Oakwood has $18,900. Assume the Oakwood puts the money in a bank today, what rate of interest will it need to pay off the plows in 200 days

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