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Business, 25.03.2021 23:00 gamingisfun

Oriole Inc. has completed the purchase of new Dell computers. The fair value of the equipment is $890,082. The purchase agreement specifies an immediate down payment of $216,000 and semiannual payments of $83,108 beginning at the end of 6 months for 5 years. What is the interest rate, to the nearest percent, used in discounting this purchase transaction

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Oriole Inc. has completed the purchase of new Dell computers. The fair value of the equipment is $89...
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