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*****PLEASE SHOW IN EXCEL***** 4. An industrial grade lazer printer with the retail price is offered...

*****PLEASE SHOW IN EXCEL*****

4. An industrial grade lazer printer with the retail price is offered for $3,900. If the sale is for 36 months with $135 per monthly payments, what is the interest rate?
A. 14.15 percent
B. 14.90 percent
C. 15.60 percent
D. 18.75 percent
E. 19.15 percent

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jeff jeffy answered 2 years ago
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