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Question 16 (1 point) Tanya just borrowed $15,200 to buy a new car. Her loan terms require that she repay the loan in full over
Question 16 (1 point) Tanya just borrowed $15,200 to buy a new car. Her loan terms require that she repay the loan in full over 4 years with equal monthly payments of $350 each. What is the annual percentage rate of interest on her loan? (express your answer as a decimal, not as a percentage) Your Answer: Answer Folder Question 17 (1 point) David has a savings account with a 9,000 balance today. The account earns an annual percentage rate of interest of 1.25%, compounded monthly. David plans to make no other deposits or withdrawals. How many years will it take David's account balance to double? Your
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