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Solve the Problem and Use the Table to Find the Annual

Question 9

Multiple Choice

Solve the problem and use the table to find the annual percentage rate. Solve the problem and use the table to find the annual percentage rate. -An appliance store offers a refrigerator for $1,200 with no down payment, $145.68 in finance charges and 24 equal payments. Find the annual percentage rate. A) 11.00% B) 11.25% C) 10.75% D) 11.50% Solve the problem and use the table to find the annual percentage rate. -An appliance store offers a refrigerator for $1,200 with no down payment, $145.68 in finance charges and 24 equal payments. Find the annual percentage rate. A) 11.00% B) 11.25% C) 10.75% D) 11.50%
-An appliance store offers a refrigerator for $1,200 with no down payment, $145.68 in finance charges and 24 equal payments. Find the annual percentage rate.


A) 11.00%
B) 11.25%
C) 10.75%
D) 11.50%

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