Question: Todd Gunderson buys a new computer system for $2,000, plus 8% sales tax.He financed the entire amount with the retailer at 6% interest for 24

Todd Gunderson buys a new computer system for $2,000, plus 8% sales tax.He financed the entire amount with the retailer at 6% interest for 24 months.The retailer charges a set-up fee of $60 for installment purchases (which is added to the loan).What is Todd's APR?Round your answer to the nearest hundredth percent. Use TVM worksheet.

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