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Question 2 Q2) UV curable epoxy resins are used in sealing, in gap filling, and as a clear coating. Your boss saw a report submitted

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Question 2 Q2) UV curable epoxy resins are used in sealing, in gap filling, and as a clear coating. Your boss saw a report submitted by the chief financial officer (CFO) that said the equivalent annual worth of maintaining the equipment used in producing the resins was $48,436 over the last 5 years. The report showed that the cost in year 1 was $42,000, and it increased arithmetically by $4000 each year. Your boss thought S48,436 was too high, so she asked you to determine what interest rate the CFO used in making the calculations. What was the interest rate

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