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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 80
Solve the following application problems and use the table to find the annual percentage rate.
REFRIGERATOR PURCHASE Sears offers a refrigerator for $1600 with no down payment, $294.06 in interest charges, and 30 equal payments. Find the annual percentage rate. _________
REFRIGERATOR PURCHASE Sears offers a refrigerator for $1600 with no down payment, $294.06 in interest charges, and 30 equal payments. Find the annual percentage rate. _________
Explanation
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We have to find the APR by the annual pe...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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