Recently, you needed money and agreed to sell a car you had inherited at a price of
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Recently, you needed money and agreed to sell a car you had inherited at a price of $45,000 , to be paid in monthly payments of $1,300 for 45months. What (annual) interest rate did you charge for financing the sale?
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Posted Date: