Question: > Moving to the next question prevents changes to the answer Question 4 of 10 Jestion 4 10 points XYZ wants to buy exercise equpment
> Moving to the next question prevents changes to the answer Question 4 of 10 Jestion 4 10 points XYZ wants to buy exercise equpment that is available at two stores. The price of the exercise equipment is the same at both stores. POR Health House would let her make quarterly payments of 54,700 for years at a quarterly interest rate of 2.97 percent. Her first payment to POR Health House would be due immediately. ABC Bronx Bonanza would let her make equal monthly payments of $2.140 for 5 years and if her first payment to ABC Bronx Bonanza would be in 1 month, then what is the monthly interest rate that XYZ would be charged by ABC tronx Bonanza! 1.53% (plus or minus .01 percentage point) 1.42% plus or minus .01 percentage point) 1.500 (plus or minus .01 percentage point) 1.65 (plus or minus .01 percentage point) None of the above is within.01 percentage point of the correct answer Question 4 of 10 Moving to the next question prevents changes to this answer Close Window (hp ( o & 7 9 6 8
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