What annual rate of interest is being paid by whispering

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Question: Current Attempt in Progress In order to preserve cash, Whispering Inc. negotiated with one of its supplies for amount owing on account. $120,765 was paid off by signing a zero interest note on June 1, 2023, due June 1, 2028, for $140,000. What annual rate of interest is being paid by Whispering?

Reference no: EM133419387

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