Find the APR (rounded to the nearest tenth of a percent) for the loan Purchase a...
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Find the APR (rounded to the nearest tenth of a percent) for the loan Purchase a living room set for $2500 at 12% add-on interest for 2 years. Find the APR (rounded to the nearest tenth of a percent) for the loan Purchase a living room set for $2500 at 12% add-on interest for 2 years.
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For the given loan the principal amount is 2500 and the addon interest rate is ... View the full answer
Related Book For
College Accounting A Practical Approach Chapters 1-25
ISBN: 9780133791006
13th Edition
Authors: Jeffrey Slater
Posted Date:
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