Question
Joseph Tyler's VISA balance is $1,045.17. He may pay it off in 12 equal end-of-month payments of $105 each. Click here to view factor
Joseph Tyler's VISA balance is $1,045.17. He may pay it off in 12 equal end-of-month payments of $105 each. Click here to view factor tables. What interest rate is Joseph paying? (Round answer to 1 decimal place, e.g. 8.5%) Interest rate % per month
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Original balance 104517 Monthly payment 105 Number of payments 12 To calculate the interes...Get Instant Access to Expert-Tailored Solutions
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Calculus For Scientists And Engineers Early Transcendentals
Authors: William L Briggs, Bernard Gillett, Bill L Briggs, Lyle Cochran
1st Edition
0321849213, 9780321849212
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