(True Life)  wanted to buy an Apple phone. The company would charge me $499.00 for a new phone. Alternatively, AT&T was willing to sell me the phone if I made monthly payments of $30.00 (no service included) for 2.5 years (30 months). What was the annual percentage rate (APR) being charged by AT&T?

Answer rating: 100% (QA)

ANSWER IS To calculate the Annual Percentage Rate APR being charged by ATT for the phone under the p... View the full answer