Find the annual percentage rate on a loan of $1,600 for 24 months if $200 interest is

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Find the annual percentage rate on a loan of $1,600 for 24 months if $200 interest is charged and the loan is repaid in monthly payments.

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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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Question Posted: Mar 11, 2016 01:50 AM

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Find the annual percentage rate on a loan of $1,600 for 24 months if $200 interest is

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Table value 200 1600 100 1250 ...View the full answer

Business Math

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