Current Attempt in Progress Recently, Sally Estes was interested in purchasing a Honda Acura The salesperson indicated that the price of the car was either $26,400 cash or $6,267 at the end of each of 5 years Compute the effective interest rate to the nearest percent that Sally would pay if she chooses to make the five annual payments (Round answer to O decimal places, e g 7 ) Current Attempt in Progress Recently, Sally Estes was interested in purchasing a Honda Acura The salesperson indicated that the price of the car was either $26,400 cash or $6,267 at the end of each of 5 years Compute the effective interest rate to the nearest percent that Sally would pay if she chooses to make the five annual payments (Round answer to 0 decimal ploces, eg 7 )

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Question: Current Attempt in Progress Recently, Sally Estes was interested in purchasing a Honda Acura. The salesperson indicated that the price of the car was either

Current Attempt in Progress Recently, Sally Estes was interested in purchasing a Honda Acura. The salesperson indicated that the price of the car was either $26,400 cash or $6,267 at the end of each of 5 years. Compute the effective-interest rate to the nearest percent that Sally would pay if she chooses to make the five annual payments. (Round answer to O decimal places, e.g. 7%.)

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