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for Liberal Arts $(3$ cr$)-$ Ken Sharp

ath Homework

Question $21,13\mathrm{.}3\mathrm{.}13$

HW Sc

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$($x$)$ Poi

Find the APR $($true annual interest rate$),$ to the nearest $0\mathrm{.}01\%,$ for the loan given below.

$\backslash$table$[[$Purchase$,$Down,Add$-$On$,$Number of$],[$Price$,$Payment,Interest Rate,Payments$],[$$$4320,$$$320,2\mathrm{.}8\%,12]]$

The APR for the loan amount is $0.$

$($Type an integer or decimal rounded to the nearest hundredth as needed.$)$

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$N$ an example

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