Concept explainers
Approximating the APR of an Add-On Rate To convert an add-on interest rate to its corresponding APR, some people recommend using the formula
Apply the given formula to calculate the APR (to the nearest half percent) for the loan of Example 1
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Chapter 13 Solutions
Mathematical Ideas with Integrated Review and Worksheets plus NEW MyLab Math with Pearson eText -- Access Card Package (Integrated Review Courses in MyLab Math and MyLab Statistics)
- College AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning
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