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Sarah bought a lawnmower for $320. She signed up for the buy now pay later plan at the store with the following conditions: $100 down and payments of $25 for the next 12 months. The extra cost paid by
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Mar 22, 2018
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Sarah bought a lawnmower for $320. She signed up for the buy now pay later plan at the store with the following conditions: $100 down and payments of $25 for the next 12 months. The extra cost paid by taking this plan is equivalent to what actual yearly rate of interest?
Mathematics
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Answer:
25%
Explanation:
Just here to help cause im doing this too lol
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25x12=300
300+100=400
400-320=80
$80
Confuseious
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Mar 29, 2018
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