Register
10 POINTS !!!!!!!!!!!! :) please help lol Monica finances a new car with a $12,000 retail price. The interest is 2.5% and there are additional fees of $1,000. What is the APR on her loan ? A) 9.5% B)9.
150k views
2 votes
10 POINTS !!!!!!!!!!!! :) please help lol

Monica finances a new car with a $12,000 retail price. The interest is 2.5% and there are additional fees of $1,000. What is the APR on her loan ?


A) 9.5%

B)9.6%

C) 10.8%

D)11.2%

User Kuhnroyal
by
7.7k points

2 Answers

3 votes
Your answer is going to be c.
User Tom Mettam
by
8.2k points
5 votes
10.8 % because if u do teh math problem correctly and u divide and u also need to simplify
User Olaniyi
by
7.8k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!