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Dorothy Laymon is considering two bank card offers that are the same in all respects except for the following Bank A charges no annual fee

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Dorothy Laymon is considering two bank card offers that are the same in all respects except for the following Bank A charges no annual fee and charges monthly interest of 1 75% on the unpaid balance Bank B charges a $43 annual fee and monthly interest of 1 38% on the unpaid balance From her records, Dorothy has foun (a) Her total yearly cost to use the card if she chooses the card from bank A is s d that the unpaid balance she tends to carry from month to month is quite consistent and averages $960 Round to the nearest cent as needed) Find the annual percentage rate using the annual percentage rate table Here are some conditions of the loan. Amount Financed Finance Number of Charge Monthly Payments 6 APR Table 3400 $440 24 EB Click the icon to view the annual percentage rate table 9.0% 9.5% 10.0% 10.5% 11.0% 11.5% 12.0% 12.5% (Finance charge per $100 of amount financed) Payments (n) 8.0% 13.0% 13.5% 14.0% 8.5% The annual percentage rate is 1%. 6 $2.35 $249 $2.64 $2.79 $2.94 S3 08 $323 $338 $353 S368 $3.83 $3 97 $4.12 12 4.39 466 494 522 550 578 606 634 662 690 718 746 774 18 645 686 728 769 810 852 893 935 977 10 19 1061 1103 1145 24 855 909 964 10 19 10.75 1130 11.86 12 42 1296 1354 14 10 1466 15 23 30 10 66 11 35 12 04 12 74 13 43 14 13 14 83 1554 1624 1695 1766 18.38 19 10 36 1281 1364 14 48 15 32 16 16 1701 17.86 1871 19 57 20 43 21.30 22 17 2304 48 1718 18 31 19 45 20 59 21.74 22 90 24.06 25 23 2640 2758 28 77 29 97 31 17 Enter your answer in the answer box and then click Chec All parts showing Purchase Dowrn Add-on Number of Price Payment Interest Rate Payments $4180 $380 5% 12 E Click the icon to see the APR table The APR for the loan amount is | (Simplify your answer. Type an integer or a decimal.) 1 Data Table 9.0% 9.5% 10.0% 10.5% 11.0% 11.5% 12.0% 12.5% (Finance charge per $100 of amount financed) 13.0% 13.5% 14.0% Payments (n) 8.0% 8.5% 6 $235 $249 $2 64 s2.79 $294 s308 $3 23 $3.38 $3 53 $3.68 $3 83 $3.97 $4 12 12 4 39 466 4.94 5.22 5.50 5.78 606 634 662 690 7.18 7.46 7.74 18 645 686 728 769 8.10 852 893 935 977 10.19 10.61 11.03 11.45 24 855 909 9.64 10.19 10.75 11.30 1186 12 42 1298 1354 14 10 1466 15.23 30 10.66 11.35 1204 12 74 1343 14 13 1483 1554 16.24 1695 1766 18.38 19 10 Enter your answer in the answer box and then clic All parts showing Barry bought a new television set for $480 He paid nothing down but agreed to payments of $42 20 per month for 12 months. Find the fnance charge and the annual percentage rate for the loan using the APR table EB Cick the icon to view the annual percentage rate table. The finance charge is $ 26 40 The annual percentage rate is [ Dorothy Laymon is considering two bank card offers that are the same in all respects except for the following Bank A charges no annual fee and charges monthly interest of 1 75% on the unpaid balance Bank B charges a $43 annual fee and monthly interest of 1 38% on the unpaid balance From her records, Dorothy has foun (a) Her total yearly cost to use the card if she chooses the card from bank A is s d that the unpaid balance she tends to carry from month to month is quite consistent and averages $960 Round to the nearest cent as needed) Find the annual percentage rate using the annual percentage rate table Here are some conditions of the loan. Amount Financed Finance Number of Charge Monthly Payments 6 APR Table 3400 $440 24 EB Click the icon to view the annual percentage rate table 9.0% 9.5% 10.0% 10.5% 11.0% 11.5% 12.0% 12.5% (Finance charge per $100 of amount financed) Payments (n) 8.0% 13.0% 13.5% 14.0% 8.5% The annual percentage rate is 1%. 6 $2.35 $249 $2.64 $2.79 $2.94 S3 08 $323 $338 $353 S368 $3.83 $3 97 $4.12 12 4.39 466 494 522 550 578 606 634 662 690 718 746 774 18 645 686 728 769 810 852 893 935 977 10 19 1061 1103 1145 24 855 909 964 10 19 10.75 1130 11.86 12 42 1296 1354 14 10 1466 15 23 30 10 66 11 35 12 04 12 74 13 43 14 13 14 83 1554 1624 1695 1766 18.38 19 10 36 1281 1364 14 48 15 32 16 16 1701 17.86 1871 19 57 20 43 21.30 22 17 2304 48 1718 18 31 19 45 20 59 21.74 22 90 24.06 25 23 2640 2758 28 77 29 97 31 17 Enter your answer in the answer box and then click Chec All parts showing Purchase Dowrn Add-on Number of Price Payment Interest Rate Payments $4180 $380 5% 12 E Click the icon to see the APR table The APR for the loan amount is | (Simplify your answer. Type an integer or a decimal.) 1 Data Table 9.0% 9.5% 10.0% 10.5% 11.0% 11.5% 12.0% 12.5% (Finance charge per $100 of amount financed) 13.0% 13.5% 14.0% Payments (n) 8.0% 8.5% 6 $235 $249 $2 64 s2.79 $294 s308 $3 23 $3.38 $3 53 $3.68 $3 83 $3.97 $4 12 12 4 39 466 4.94 5.22 5.50 5.78 606 634 662 690 7.18 7.46 7.74 18 645 686 728 769 8.10 852 893 935 977 10.19 10.61 11.03 11.45 24 855 909 9.64 10.19 10.75 11.30 1186 12 42 1298 1354 14 10 1466 15.23 30 10.66 11.35 1204 12 74 1343 14 13 1483 1554 16.24 1695 1766 18.38 19 10 Enter your answer in the answer box and then clic All parts showing Barry bought a new television set for $480 He paid nothing down but agreed to payments of $42 20 per month for 12 months. Find the fnance charge and the annual percentage rate for the loan using the APR table EB Cick the icon to view the annual percentage rate table. The finance charge is $ 26 40 The annual percentage rate is [

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