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killerbear900 killerbear900
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2 years ago
Susan's car loan payments are $265.08 at the end of each month for four years. The amount she borrowed was $12,000. What is the monthly compounded nominal interest rate?

▸ 6.500%

▸ 2.900%

▸ 10.500%

▸ 4.750%

▸ 6.000%
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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Boba155Boba155
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killerbear900 Author
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2 years ago
Thank you, thank you, thank you!
mikeh209
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
Butwhy
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You make an excellent tutor!
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