Calculate APR by table given the following:
$\begin{array} { l r }
\text { Maytag refrigerator: } & \$ 5,000 \
\text { Down payment: } & \$ 200 \
\text { Amount financed: } & \$ 4,800 \
\text { Total of payments: } & \$ 6,900 \
\text { Number monthly payments } & 60
\end{array}$

Question

Calculate APR by table given the following:
$\begin{array} { l r } 
\text { Maytag refrigerator: } & \$ 5,000 \
\text { Down payment: } & \$ 200 \
\text { Amount financed: } & \$ 4,800 \
\text { Total of payments: } & \$ 6,900 \
\text { Number monthly payments } & 60
\end{array}$

Quizplus · Accepted Answer

The Answer of Calculate APR by table given the following:
$\begin{array} { l r } 
\text { Maytag refrigerator: } & \$ 5,000 \
\text { Down payment: } & \$ 200 \
\text { Amount financed: } & \$ 4,800 \
\text { Total of payments: } & \$ 6,900 \
\text { Number monthly payments } & 60
\end{array}$

Calculate APR by Table Given the Following