A car dealer carries out the following calculations. What is the annual percentage rate?
List price$5,206.00Options$1,625.00Destination charges$200.00Subtotal$7,031.00Tax$431.58Less trade-in$2,932.00Amount to be financed$4,694.017% interest for 48 months$1,501.63Total$6,195.64MONTHLY PAYMENT$129.00?

A. 7.0%
B. 11.7%
C. 17.5%
D. 14.3%
E. 13.7%


Answer: E

Mathematics

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A. x-intercepts: (-3.8, 0) and (-1.4, 0)

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Mathematics