Question

Ashton has an offer to buy an item with a sticker price of $4900 by paying

$140 a month for 48 months. Which of these groups of values plugged into
the TVM Solver of a graphing calculator will give him the correct answer for
the interest rate being offered?

Answer 1

N=4;1%=;PV=-4900;PMT=0;FV=6720;P/Y=1;C/Y=12;PMT:END

Explanation:

Apex

Answer 2

Answer: N=4; 1%=; PV= -4900; PMT=0; FV=6720; P/Y=1; C/Y=12; PMT: END