Above is a table that gives the interest per every $100 financed. Use the table to determine the annual percentage rate for a 36

Question

4 years ago

13

month loan that charges $24.80 per every $100 financed.

2 answers:

GaryK [48] · Answer 1 · 2021-12-06T03:04:35+03:00

GaryK [48]4 years ago

4 0

Where is the above table?

Degger [83] · Answer 2 · 2021-12-06T04:11:02+03:00

3 0

Answer:

C) 15%

Step-by-step explanation:

Using the table that was given in the problem you can determine the annual percentage rate (APR)

For 36 months with a charge of 24.80 the APR would be 15%