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Question 11 1 pt Abusinessman wants to buy a truck. The dealer offers to sell the truck for either $150.000 now, or six equal annual

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Question 11 1 pt Abusinessman wants to buy a truck. The dealer offers to sell the truck for either $150.000 now, or six equal annual payments of 530,500, due at the end of each year. Which of the following is closest to the interest rate being offered by the dealer? 0.7.3 6.3 07.01 5.8% 6.08 1 ho 0.68 Question 12 1 pts Faisal is saving for an epic vacation and can put away $5,500 per year, at the end of each year. If he can earn 7,1% interest rate on his savings, how long will it take for his savings to grow to $40,000? 3 years 5 years 6 years 7 years Olyears 4 years D

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