Mathematics, 08.01.2021 18:30 natu2072
Jim Tree borrowed $1,000 at 10 percent for one year. He paid a $45 processing fee and $100 in interest. He calculated
the APR to the nearest tenth. What was the APR?
O 8.7
O 9.6
O 10.6
14.5
Answers: 3
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Jim Tree borrowed $1,000 at 10 percent for one year. He paid a $45 processing fee and $100 in intere...
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