Find the APR to the nearest half percent for the following situation. Amount financed: $2000 Finance charge: $366.20 Number of monthly payments: 48

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 27CT
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Find the APR to the nearest half percent for
the following situation.
Amount financed: $2000
Finance charge: $366.20
Number of monthly payments: 48
Transcribed Image Text:Find the APR to the nearest half percent for the following situation. Amount financed: $2000 Finance charge: $366.20 Number of monthly payments: 48
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