Question
Henry Tylers VISA balance is $1,487.38. He may pay it off in 12 equal end-of-month payments of $145 each. What interest rate is Henry paying?
Henry Tylers VISA balance is $1,487.38. He may pay it off in 12 equal end-of-month payments of $145 each. What interest rate is Henry paying? (Round answer to 1 decimal place, e.g. 8.5%.)
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
