Question: alfred is considering purchase &5575 filtering system that will save $1400 per year in operating cost for next 5 years. alfred plans to finance by

alfred is considering purchase &5575 filtering system that will save $1400 per year in operating cost for next 5 years. alfred plans to finance by taking out 5 year loan. what is the maximum annual interest rate that alfred can pay, yet still break even on $5575 cost?

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