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Find the Annual Percentage Rate Using the Annual Percentage Rate

Question 110

Multiple Choice

Find the annual percentage rate using the annual percentage rate table. Find the annual percentage rate using the annual percentage rate table. -Amount Financed: $720 Finance Charge: $81.43 Number of monthly payments: 24 A) 12.50% B) 11.25% C) 11.50% D) 10.50% Find the annual percentage rate using the annual percentage rate table. -Amount Financed: $720 Finance Charge: $81.43 Number of monthly payments: 24 A) 12.50% B) 11.25% C) 11.50% D) 10.50%
-Amount Financed: $720
Finance Charge: $81.43
Number of monthly payments: 24


A) 12.50%
B) 11.25%
C) 11.50%
D) 10.50%

Correct Answer:

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