Business, 19.10.2020 20:01 destinyd10189

Lina Martinez wants to buy a new high-end audio system for her car. The system is being sold by two dealers in town, both of whom sell the equipment for the same price of $2,000. Lina can buy the equipment from Dealer A, with no money down, by making payments of $118.28 a month for 18 months; she can buy the same equipment from Dealer B by making 36 monthly payments of $70.31 (again, with no money down). Lina is considering purchasing the system from Dealer B because of the lower payment. Find the APR for Dealer A.
Use the financial calculator and Find the APR for Dealer B

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Lina Martinez wants to buy a new high-end audio system for her car. The system is being sold by two...

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