Mathematics, 15.04.2020 17:31 FloweyFlower

You take out an installment loan to purchase a sailplane costing $34,100. You make a down payment of $8,600 and finance the balance by making monthly payments of $1,176.72 for 24 months. Use the APR formula to find the APR.

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You take out an installment loan to purchase a sailplane costing $34,100. You make a down payment of...