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Ginny has purchased a new $1135 Macbook laptop using financing (essentailly a loan) from a local computer shop. She pays nothing upfront, but must pay
Ginny has purchased a new $1135 Macbook laptop using financing (essentailly a loan) from a local computer shop. She pays nothing upfront, but must pay for the laptop and interest (a total of $1519) three months from the purchase date. Find the effective rate for this loan. The effective rate of the loan is percent. (Round to two decimal places.) 
Ginny has purchased a new $1135 Macbook laptop using financing (essentaily a loan) from a local computer shop. She pays nothing uptront, but must pay for the laptop and interest (a fotal of $1519) three months from the purchase date. Find the effoctive rate for this loan The effective rate of the loan is percent. (Round to two decimal places.)
Ginny has purchased a new $1135 Macbook laptop using financing (essentailly a loan) from a local computer shop. She pays nothing upfront, but must pay for the laptop and interest (a total of $1519) three months from the purchase date. Find the effective rate for this loan. The effective rate of the loan is percent. (Round to two decimal places.)
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