Question

In: Statistics and Probability

Find the APR​ (true annual interest​ rate), to the nearest​ 0.01%, for the loan given below....

Find the APR​ (true annual interest​ rate), to the nearest​ 0.01%, for the loan given below.

Purchase Price

7480

Down Payment

1910

​Add-On Interest Rate

4.7

Number of Payments

18

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Expert Solution

orchestra answered 2 years ago
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