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Question 10 A businessman wants to buy a printer. The dealer offers to sell the printer for either $2,000 now, or three yearly payments of
Question 10 A businessman wants to buy a printer. The dealer offers to sell the printer for either $2,000 now, or three yearly payments of $804.23. Which of the following is closest to the interest rate being offered by the dealer? 8.8% O 11.8% O 10.0% 05.0% Question 10 A businessman wants to buy a printer. The dealer offers to sell the printer for either $2,000 now, or three yearly payments of $804.23. Which of the following is closest to the interest rate being offered by the dealer? 8.8% O 11.8% O 10.0% 05.0%
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