On December 1, 2020 Here with Shay Le Caforgavenyre te were made by between der to the less member on December 2026 The option, and Movers of Hemmo schedule wewe 00 11.00 54 11 00 TL 003 What meet the Hover on the On December 2020 nede og senere Themen trader to the the countered to on December 2020. The purchase and overside of 1. bio 11.0 19. TO 57 13 57,021 173.22 TOO 2008 2004 104.30 11 tou . 29911 What is the effective interese charged to Hoover Om On December 31, 2020, Hoover signed a lease with Shiny Leasing Co for some equipment having a seven-year useful life. The lease payments are m transfer to the lessee, so the equipment will be returned to the lessor on December 31, 2026. There is no purchase option, and Hoover guarantees a Hoover's lease amortization schedule appears below. Decrease in Outstanding Doci 31 Payments Interest Balance Balance 2020 $402, 392 2020 $83, 700 $83,700 318, 692 2021 $83.700 $38, 243 45, 457 273, 235 2022 $83.700 32, 788 50.912 222, 323 2023 $83,700 26, 679 57,021 165, 302 2024 $83,700 19,836 63,864 101, 438 2025 $83.700 12, 173 71,527 29, 911 2026 $33,500 3,589 29, 911 0 What is the effective annual interest rate charged to Hoover on this lease