Question: Current Attempt in Progress Pearl Company purchased a machine at a price of $ 1 0 9 , 9 0 0 by signing a note

Current Attempt in Progress
Pearl Company purchased a machine at a price of $109,900 by signing a note payable, which requires a single payment of $128,187 in 2 years.
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Assuming annual compounding of interest, what rate of interest is being paid on the loan? (Round answer to O decimal places, eg.13%.) Rate of interest
%
Current Attempt in Progress Pearl Company purchased a machine at a

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