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Trevor's Tires is offering a set of 4 premium tires on sale for $ 6 9 0 . The credit terms are 3 6 months
Trevor's Tires is offering a set of premium tires on sale for $ The credit terms are months at $ per month. What is the interest rate APR on this offer? Hint: Find the monthly rate by setting the PV
of the monthly payments equal to the price of the tires. Then convert it to APR by
multiplying by
a
b
c
d
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