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7 May, 08:10

Find I. Choose the correct answer.

Amount Financed (m) = $1,750

Number of Payments per year (y) = 12

Number of Payments (n) = 36

Total Interest (c) = $300.00

I = %.

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  1. 7 May, 08:27
    0
    I = (2*12*300) : (1,750*37) * 100==11.12%
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