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South Penn Trucking is financing a new truck with a loan of $49,598 to be repaid in 8 annual end of year installments of $9,919.60.
South Penn Trucking is financing a new truck with a loan of $49,598 to be repaid in 8 annual end of year installments of $9,919.60. What annual interest rate is the company paying?
12.31%
11.81%
13.31%
13.81%
12.81%
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The Psychology Of Money Timeless Lessons On Wealth Greed And Happiness
Authors: Morgan Housel
1st Edition
978-0857199096
