Bear4093 Bear4093

02-01-2023
Mathematics

Answered

You are borrowing $3,162 to purchase a scooter using a 36 month installment plan. determine the annual percentage rate (apr) and the monthly payment given that the interest charge is $425.13. round your answer to the nearest whole percent and to the nearest cent. a. 0.08%; $99.77 c. 9%; $114.07 b. 8%; $99.64 d. 10%; $115.75

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