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A student buys a computer for his online classes. The student agrees to pay the retailer $108.43 at the end of each month for

A student buys a computer for his online classes. The student agrees to pay the retailer $108.43 at the end of each month for two years. The retail price of the computer is $2,100. Don't round your calculations. What is the annual percentage rate (APR) for the loan? Select one: a. 19.5% b. 22.0% c. 21.0% d. 21.5% e. 20.5%

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