Mathematics, 24.07.2019 18:30 sfigel3160

It's time for another financial calculator problem. a ucf student (who has not taken fin 2100) decides that he really needs a large screen hd tv for football season. the student goes to a "rent to own" center and agrees to rent a tv for $60 per month (end of month). after 36 months, the student will own the tv. assuming that the student could buy the same tv today for $1,000, what is the interest rate (apr) of renting the tv?

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It's time for another financial calculator problem. a ucf student (who has not taken fin 2100) decid...