Home / Questions / Mrs. Berry purchased $4000 worth of furniture from a furniture store
Mrs. Berry purchased $4,000 worth of furniture from a furniture store. The purchase was financed by a consumer loan which required Mrs. Berry to pay a monthly payment of $150 at the end of each month for three years. What was the annual percentage rate (APR) of the consumer loan?
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May 23 2018 View more View Less
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