Question
John Young purchased a bedroom set for $4400, paying $1000 down. The balance was financed for 20 equal monthly payments, and John agreed to pay
John Young purchased a bedroom set for $4400, paying $1000 down. The balance was financed for 20 equal monthly payments, and John agreed to pay a $441 finance charge. Using the annual percentage rate (APR) table, calculate the Calculate the amount financed and APR.
(I DO NOT HAVE AN APR TABLE )
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Geometry, Its Elements And Structure
Authors: Alfred S Posamentier, Robert L Bannister
2nd Edition
0486782166, 9780486782164
