Above is a table that gives the interest per every $100 financed. Use the table to determine the annual percentage rate for a 35
month loan that charges $22.38 per every $100 financed.
a.
13%
c.
15%
b.
14%
d.
16%
a.
13%
c.
15%
b.
14%
d.
16%
1 answer:
The annual percentage rate for a 35 month loan that charges $22.38 per every $100 financed is seen from the table to be 14%.
<h3>How to determine Annual Percentage Rate?</h3>From the table, the APR for 35 months loan that charges $22.38 per every $100 financed is seen to be 14%.
Thus, we can conclude that the annual percentage rate for a 35 month loan that charges $22.38 per every $100 financed is seen from the table to be 14%.
Read more about Annual Percentage Rate at; brainly.com/question/11686424
#SPJ1
You might be interested in