Using a financial calculator I need to figure the APR for this question.....Sherman Jacobs plans to...

Using a financial calculator I need to figure the APR for this question.....Sherman Jacobs plans to borrow $6,000 and to repay it in 48 monthly installments. This loan is being made at an annual add-on interest rate of 11 percent

Expert Solution

Take 4 year period

Take 48 months

ekkarill92 answered 1 year ago

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