A car dealer will sell you a used car for $6,498 with $798 down and payments of $162.51 per month for 48 months. What is the simple interest rate? (Round your answer to the nearest tenth of a percent.)
A car dealer will sell you a used car for $6,498 with $798 down and payments of $162.51 per month for 48 months. What is the simple interest rate? (Round your answer to the nearest tenth of a percent.)
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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A car dealer will sell you a used car for $6,498 with $798 down and payments of $162.51 per month for 48 months. What is the simple interest rate? (Round your answer to the nearest tenth of a percent.)
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