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Bernie bought a refrigerator at a special sale. The refrigerator regularly sold for $1296. No down payment was required. Bernie has to pay $72 per month for 12 years. What is the average amount Bernie
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Bernie bought a refrigerator at a special sale. The refrigerator regularly sold for $1296. No down

payment was required. Bernie has to pay $72 per month for 12 years. What is the average amount
Bernie pays in interest each month?
$0
$14.22
$17
ОО
$72

User Kaltezar
by
5.0k points

1 Answer

2 votes

Answer:

$14.22 is the interest rate

User Jeff Bowen
by
4.8k points
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