Financing a Computer Ilga Ross purchased a new computer on
Chapter 11, Problem 11.1.197(choose chapter or problem)
Financing a Computer Ilga Ross purchased a new computer on a monthly purchase plan. The computer sold for $1495. Ilga paid 5% down and $64 a month for 24 months. a) What finance charge did Ilga pay? b) What is the APR to the nearest half percent?
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