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Business, 07.01.2021 19:10 rfdgd

A businessman wants to buy a truck. The dealer offers to sell the truck for either $120,000 now, or six yearly payments of $25,000.What is the interest rate being offered by the dealer in percentage (rounded to the closest integer number)

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A businessman wants to buy a truck. The dealer offers to sell the truck for either $120,000 now, or...
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