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South Penn Trucking is financing a new truck with a loan of $43,774 to be repaid in 17 annual end-of-year installments of $3,126.71. What annual

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South Penn Trucking is financing a new truck with a loan of $43,774 to be repaid in 17 annual end-of-year installments of $3,126.71. What annual interest rate is the company paying? 1.55% 1.85% 2.25% 1.65% 2.05%

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