Mathematics, 19.03.2020 00:00, s122784

Whitney bought a watch for $107.50. The finance charge was $11 and she paid for it over 6 months.

Use the formula Approximate APR =(Finance Charge ÷ #Months)(12)Amount Financed to calculate her approximate APR.

Round the answer to the nearest tenth.

Answers: 3

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Whitney bought a watch for $107.50. The finance charge was $11 and she paid for it over 6 months.