80laron 80laron
  • 09-05-2021
  • Mathematics
contestada

What is the apr for a $585 tablet with 12 payments of $50.81

Respuesta :

ashowrav2000
ashowrav2000 ashowrav2000
  • 09-05-2021

Answer:

the answer is 4%

Step-by-step explanation:

585/12=48.75

50.81-48.74=2.06

now 2.06 that's the money from interest rate

so now 2.06/50.81=0.04

so the answer is 4%

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