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Mathematics, 11.05.2021 07:20 heroicblad

7) Suppose you purchase a set of living room furniture for $1,300. You pay 10% down and sign a contract to repay the balance in 10 equal monthly
payments. The finance charge on the balance is 7% simple interest.
Estimate the annual percentage rate (APR) to the nearest tenth of a percent.

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7) Suppose you purchase a set of living room furniture for $1,300. You pay 10% down and sign a cont...
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