Posted by **McD30** on Thursday, April 4, 2013 at 11:42pm.

Find the APR (true annual interest rate), to the nearest half percent, for the following loan.

Amount Financed = $1200

Finance Charge = $90

Number of Monthly Payments = 12

## Answer This Question

## Related Questions

- Helpppp - Find the apr to the nearest half percent for the following loan Amount...
- math - Tim Worker buys a new sofa for $629.95. He pays 25% down and takes an ...
- consumer math - Tim Worker buys a new sofa for $629.95. He pays 25% down and ...
- Math - Tim Worker buys a new sofa for $549.95. He pays 20% down and takes an ...
- math - OMG I CAN NOT get this !!!! Purchase price of article = $495 Down payment...
- Mathematics - I really need help with these three questions. Thank You. 1. ...
- Finance - Loan Payments - If you take out an $8,000 car loan that calls for 48 ...
- math - Using the formula, compute the true annual interest rate. Loan amount = $...
- Maths - In order to make some home improvements, a home owner spent $40,000. He ...
- Finance - you have contacted a number of dearlerships to determine the best ...

More Related Questions