Question: Erin LaRochelle bought four comforter sets for $1000 , making a down payment of $300 and paying off the balance in 12 monthly payments of

Erin LaRochelle bought four comforter sets for

$1000

, making a down payment of

$300

and paying off the balance in

monthly payments of

$62.21

. Find the APR. Refer to the APR table,Annual Percentage Rate, as needed. Round any intermediate computations to the nearest cent. Only use one column in the APR table. Do not estimate using two columns.

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