A ripped motorcycle can be purchase for P10,000 cash or an installment basis with P2000 down payment and P750 annual payment that would last for 15 years. What is the annual interest rate for the time of payments?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A ripped motorcycle can be purchase for P10,000 cash or an installiment basis with P2000 down payment and P750 annual payment that would last for 15 years. What is the annual interest rate for
the time of payments?
rt
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Select the correct response
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I dont have any answer
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8 webaite
Brehman
Bien Panopto
UB Leaming
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Transcribed Image Text:A ripped motorcycle can be purchase for P10,000 cash or an installiment basis with P2000 down payment and P750 annual payment that would last for 15 years. What is the annual interest rate for the time of payments? rt pto Select the correct response ments 6.6% dents 3.6% 5.6% chers I dont have any answer ntfollo 46% prtcuts Continue > 8 webaite Brehman Bien Panopto UB Leaming Resource Center
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