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Using a calculator and the formula above, calculate the APR. Choose the correct answer. Sam Seller offers credit at 19% interest per year. To the nearest tenth, APR =
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Using a calculator and the formula above, calculate the APR. Choose the correct answer. Sam Seller offers credit at 19% interest per year. To the nearest tenth, APR =

User Rowandish
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2 Answers

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APR or the annual percentage rate is technically a numerical representation of the interest rate. The APR would include any additional payments or cost associated with any transaction. The APR is then 20% if rounded off to the nearest tenth.
User Jlleblanc
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3 votes

Answer:

20.7

Explanation:

User Ajay Mehta
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8.2k points
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