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Noel Devine bought a new dishwasher for $320. He paid $20 down and made 10 monthly payments of $34. What actual yearly interest rate did Noel pay? A. 29.09% B. 14.55% C. 68.75% D. 34.38%
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Noel Devine bought a new dishwasher for $320. He paid $20 down and made 10 monthly payments of $34. What actual yearly interest rate did Noel pay? A. 29.09% B. 14.55% C. 68.75% D. 34.38%

User Nate Totten
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3 votes
I think the correct answer is b 14.55%
User Prashant Gami
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