Find the approximate annual percentage rate using the approximate annual percentage rate formula. Round to the nearest tenth of a percent.Amount financed: $1,400Finance charge: $260Number of monthly payments: 36

A. 12.0%
B. 9.1%
C. 18.6%
D. 26.7%


Answer: A

Mathematics

You might also like to view...

Determine the truth value for each simple statement. Then, using the truth values, give the truth value of the compound statement.If 7 < 10 and 8 > 4, then 9 < 10

A. True B. False

Mathematics

Solve the equation. Give the solution to three decimal places.8-x - 1 = 54

A. {-7.295} B. {-2.918} C. {-1.918} D. {-3.918}

Mathematics

Decide whether the slope is positive, negative, zero, or undefined.

A. Negative B. Undefined C. Positive D. Zero

Mathematics

Complete the identity.2 tan ? - (1 + tan ?)2 = ?

A. -sec2 ? B. 0 C. 1 D. 1 - sin ?

Mathematics