February 22, 2017

Homework Help: Math

Posted by Israel on Tuesday, November 27, 2007 at 10:08am.

please help me thanks :)

Paul needs to repay a loan(installment loan) of $3,500 with 20 equal monthly payments of $196 each. What is the APR of the laon?
I got 11.16% then I got 12 % so I don't know

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