Question 4 Teal Mountain Company purchased a machine at a price of $104,800 by signing a note payable, which requires a single payment of $177,003 in 4 years. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. (a) x Your answer is incorrect. Try again. Assuming annual compounding of interest, what rate of interest is being paid on the loan? (Round answer to 0 decimal places, e.g. 52%.) Rate of interest 1:%