Question: 9) The Dunbar Co. is financing a studio with a loan of $40,000 to be repaid in 8 annual end-of-year installments of $11000. What annual

9) The Dunbar Co. is financing a studio with a loan of $40,000 to be repaid in 8 annual end-of-year installments of $11000. What annual interest rate is the company paying

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