Question 23 of 29

Question 23 of 29 View Policies Current Attempt in Progress Bridgeport Company purchased a machine at a price of $95,600 by signing a note payable, which requires a single payment of $139,968 in 4 years. Click here to view factor tables Assuming annual compounding of interest, what rate of interest is being paid on the loan? (Round answer to O decimal places e.g. 13%.) Rate of interest eTextbook and Media