Question
Find the APR (true annual interest rate), to the nearest 0.01%, for the loan given below. Purchase Price Down Payment Add-On Interest Rate Number of
Find the APR (true annual interest rate), to the nearest 0.01%, for the loan given below.
| Purchase Price | Down Payment | Add-On Interest Rate | Number of Payments |
|---|---|---|---|
| $3120 | $720720 | 7% | 36 months The APR for the loan amount is what %.? (Type an integer or decimal rounded to the nearest hundredth as needed.) |
36 payment
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The Crowdfunding Handbook Raise Money For Your Small Business Or Start Up With Equity Funding Portals
Authors: Cliff Ennico
1st Edition
081443360X, 978-0814433607
