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2yc Interest (1) min +1)
A customer wishes to buy a new car at a y...
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Mathematics, 11.11.2020 06:00 alarconanais07
Choose the correct answer.
2yc Interest (1) min +1)
A customer wishes to buy a new car at a year-end sale. The dealer states the price is $10,000 with license and taxes Included. If you put $1,000 down and agree to make payments of $200 per month for 5 years, what is the APR using the formula above?
1)13.1
2)12.6
3)12.1
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