Fast Eddie's Used Cars will sell you a 2000 Ford Taurus for $3,000 with no money down. You agree to make weekly payments for two years, beginning one week after you buy the car. The stated rate
On the loan is 26%. How much is each payment?
A) $32.96
B) $37.06
C) $38.19
D) $45.90
E) $69.65
Correct Answer:
Verified
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