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Bramble Corp. is purchasing new equipment with a cash cost of $207300 for the assembly...

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Accounting

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Bramble Corp. is purchasing new equipment with a cash cost of $207300 for the assembly fine. The manufacturer has offered to accept $46200 payments at the end of each of the next six years. What is the interest rate that Bramble Corp. will be paying? 8% 9% 7% O 10%

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