Helen financed a new $4500 wide-screen plasma TV. She paid $300 down and financed the go together due for 18 months. Her payments were $257.02 per month. What be the true annual interest rate (APR) for her purchase? Use the chart on page 169 of your textbook to help you find the approximate APR.
Question 12 answers
Answers: I don't own the chart on page 169 and there isn't plenty sunlight for the solar cell on my calculator to work. And I'm too lazy to amount it out longhand.
But Helen was an idiot for financing such a toy for 18 months. She should own save up and salaried cash.
WHAT!! Bad Helen. she should use her money for brain surgery since she made such a foolish purchase.
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Answers: I don't own the chart on page 169 and there isn't plenty sunlight for the solar cell on my calculator to work. And I'm too lazy to amount it out longhand.
But Helen was an idiot for financing such a toy for 18 months. She should own save up and salaried cash.
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WHAT!! Bad Helen. she should use her money for brain surgery since she made such a foolish purchase.
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