Solved

Find the APR (Rounded to the Nearest Percent) for the Loan

Question 181

Short Answer

Find the APR (rounded to the nearest percent) for the loan below.
Purchased an air conditioner for $2,150 at 12% add on interest for 2 years.
__________ %

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q176: Marsha must have surgery and she does

Q177: Right or Wrong? Suppose that you

Q178: Explain what <span class="ql-formula" data-value="2

Q179: A car dealer carries out the

Q180: Find the APR (rounded to the nearest

Q182: If a swimming pool is marked down

Q183: Find the cost of movie admission in

Q184: Calculate the monthly finance charge for

Q185: Use the table to determine the

Q186: Find (period rate), (number of periods),