A local rent-to-own business has a washer and dryer set advertised with a purchase price of $1,348.00. Calculate the APR if the finance terms are $19.99 per week for 107 weeks. Round the final answer to the nearest tenth. Group of answer choices

18.7%

28.6%

77.3%

158.7%

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step-by-step explanation:

step-by-step explanation:

oof

step-by-step explanation:

$2416.6

step-by-step explanation:

per hour = $ 25

total work time = 35

commission = 15%

total she has to make = $ 4,500

let she sold x dollar products

so her commission will be 15 % of x

now

total = weekly basic pay + commission

4500= (25*35) + 15 % of x

4500=875 + * x

4500-875 =   * x

3625= * x

multiplying wwith 100 on both sides gives

36250 = 15 x

now

x =  

x= $2416.6