Find the APR (rounded to the nearest tenth of a percent) for each of the loans described
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Find the APR (rounded to the nearest tenth of a percent) for each of the loans described in Problems 39-42.
Purchase an oven for \(\$ 650\) at \(11 \%\) add-on interest for 2 years.
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The APR Annual Percentage Rate represents the real cost of a loan to the borrower on an annual basis taking into account the interest rate of the loan ...View the full answer
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