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jscubs1 jscubs1
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6 months ago

Jamie purchased $40,500 of equipment for her business with financing provided by the seller. The seller used the add-on method to calculate Jamie’s monthly payment for the 6.5% 3-year loan. What is the APR for Jamie’s loan

Note: Round your final answers to the nearest cent.
Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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latoya86latoya86
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6 months ago
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jscubs1 Author
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6 months ago
Thanks
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Yesterday
Thanks for your help!!
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2 hours ago
Good timing, thanks!
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