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Question 2 10 Points Find the APR (rounded to the nearest tenth of a percent) for the loans described in the following problems. a) Purchased
Question 2 10 Points Find the APR (rounded to the nearest tenth of a percent) for the loans described in the following problems. a) Purchased an oven for $650 at 11% add-on interest for 2 years. b) Purchased a stereo for $2,500 at 13% add-on interest for 3 years. c) Purchased a refrigerator for $2,100 at 16.5% add-on interest for 4 years
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