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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. 14.55% B. 34.38% C. 29.09% D. 68.75%
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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. 14.55%
B. 34.38%
C. 29.09%
D. 68.75%

User Rizwan Saleem
by
8.4k points

2 Answers

3 votes
It is either B or C. 
User Ihsanullah Khan
by
7.7k points
2 votes
I think b Hope this helps
User Rayniery
by
8.6k points
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