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Henry Devine bought a new dishwasher for $320. He paid $20 down and made 10 monthly payments of $34. What actual yearly interest rate did Henry pay? A. 68.75 B. 14.55 C. 34.38 D. 29.09 The answer is B?
asked by Tayler on January 14, 2015 
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Henry Devine bought a new dishwasher for $320. He paid $20 down and made 10 monthly payments of $34. What actual yearly interest rate did Henry pay? A. 68.75 B. 14.55 C. 34.38 D. 29.09 My answer is B.
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Henry Devine bought a new dishwasher for 320. He paid 20 down and made 10 monthly payments of 34. What actual yearly interest rate did Henry pay? using this formula r=2mI/p(n+1) i got this r=2(12)(20)/300(10+1)= but i don't know
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Henry bought a new dishwasher for $320. He paid $20 down and made 10 monthly payments of $34. What actual yearly interest did Henry pay? 1  14.55 2  29.09 3  34.38 4  68.75
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