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Ilya [14]
3 years ago
8

Sarah bought a lawnmower for $320. She signed up for the buy now pay later plan at the store with the following conditions: $100

down and payments of $25 for the next 12 months. The extra cost paid by taking this plan is equivalent to what actual yearly rate of interest?
Mathematics
1 answer:
lukranit [14]3 years ago
3 0
25x12=300 
300+100=400
400-320=80
$80
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