Business, 11.11.2020 17:50 lindseybug

Coronado Industries is purchasing new equipment with a cash cost of $189200 for the assembly line. The manufacturer has offered to accept $46000 payments at the end of each of the next six years. What is the interest rate that Coronado Industries will be paying? a) 10%. b) 12%. c) 11%. d) 13%.

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Coronado Industries is purchasing new equipment with a cash cost of $189200 for the assembly line. T...

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