Use a TVM slover to find the APR (true annual interest rate), to the nearest 0.01%, for the loan. Use the Annual Percentage Rate table if necessary.
PurchaseDown Payment Add-on# of Payments PriceInterest Rate $6500$29505%48
A. 9.51%
B. 8.98%
C. 9.24%
D. 8.40%
Answer: C
Mathematics
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A. 
B. 
C. 
D. 
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A. 1 > 1
B. 1 < 1
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A. 7 ft. B. 28 ft. C. 0.58 ft. D. 252 ft.
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