Mathematics, 25.05.2021 17:40 MIC620
A newspaper advertisement offers a $9,000 car and loans the money to a buyer charging $1000 in interest for 36 monthly payment plan. a) Calculate the time in years b) Calculate the add-on interest rate, to the nearest hundredth. c) Calculate the APR, to the nearest hundredth.
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A newspaper advertisement offers a $9,000 car and loans the money to a buyer charging $1000 in inter...
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