Business
Business, 22.10.2020 19:01, samueltaye

Roger has just lost a lawsuit and has agreed to make equal annual payments of $15,500 for the next 7 years with the first payment due today. The value of this liability today is $88,000. What is the interest rate on the payments

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Roger has just lost a lawsuit and has agreed to make equal annual payments of $15,500 for the next 7...

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