A table saw costs$175ata localstore. Youmay eitherpay cash

Chapter , Problem 7-3

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A table saw costs$175ata localstore. Youmay eitherpay cash for it or pay $35 now and $12.64 a monthfor 12 monthsbeginning 30 dayshence.If youchoosethe time payment plan, what nominal annual interestrate will you be charged

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