please explain step-by-step, thank you! 3). South Penn Trucking is financing a new...
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please explain step-by-step, thank you! 3). South Penn Trucking is financing a new truck with a loan of $10,000 to be repaid in 5 annual end-of-year installments of $2,504.56. What annual interest rate is the company paying? a. 7% b. 8% d. 1000 e. 11%
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