Question: please answer these questions ik the limit is one just in need of help A local rent to own company has a 55 TV special
A local rent to own company has a 55" TV special where you can own a new TV (worth $500) by making payments of only $60 per month for 24 months. What is the EFFECTIVE rate of interest that you would be paying if you decided to agree to make the 24 monthly payments? A Question 2 (1 point) You currently owe $5,000 on your credit card. How many months will it take for you to payoff your credit card if you make the minimum $80 per month payment? The card has an APR of 18%. AD Question 3 (1 point) You are getting ready to buy a car. After looking at your budget, you can afford monthly car payments of $500 per month. The current 5 year auto loan has an APR of 5%. If you have no money for a down payment, what is the maximum loan that can you afford
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