Algbra
posted by Sarah .
A car dealer will sell you the $16,650 car of your dreams for $3,290 down and payments of $331.97 per month for 48 months. What is the APR? (Round your answer to the nearest tenth of a percent.)
I keep getting the wrong answer.
I get 26.1

As I gave $3290 for down payment I owe 166503290=$13360
If I pay $331.97per month *48 months=$15934.56
So when I owed 13360 I payed 15934.56 so 2574.56 more .If I owed 100 then I would have paid 100*2574.56/13360 more ie 19.3%
Is that OK? Does it make sense to you?
Respond to this Question
Similar Questions

ALGEBRA
A car dealer will sell you a used car for $5,478 with $478 down and payments of $112.08 per month for 60 months. What is the simple interest rate? 
ALGEBRA
A car dealer will sell you a used car for $8,734 with $734 down and payments of $384.67 per month for 24 months. What is the simple interest rate? 
ALGEBRA
A car dealer will sell you a used car for $8,672 with $672 down and payments of $157.66 per month for 60 months. What is the APR? 
ALGEBRA
A car dealer will sell you a used car for $7,542 with $542 down and payments of $213.27 per month for 36 months. What is the APR? 
ALGEBRA
A car dealer will sell you a used car for $6,162 with $162 down and payments of $214.67 per month for 36 months. What is the simple interest rate? 
MATH
A car dealer will sell you a used car for $5,238 with $238 down and payments of $150.83 per month for 48 months. What is the simple interest rate? 
math
A car dealer will sell you the $16,450 car of your dreams for $3,260 down and payments of $339.97 per month for 48 months. What is the total amount paid for both car and financing? 
math
A car dealer will sell you a used car for $8,544 with $544 down and payments of $272.22 per month for 36 months. What is the simple interest rate? 
Algebra
A car dealer will sell you a used car for $6,980 with $980 down and payments of $275.49 per month for 24 months. What is the APR? 
Math
A car dealer will sell you the $16,650 car of your dreams for $3,290 down and payments of $331.97 per month for 48 months. What is the APR?