What is the apr for a $585 tablet with 12 payments of $50.81

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What is the apr for a $585 tablet with 12 payments of $50.81

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Thiên Di 2 weeks 2021-07-16T06:18:58+00:00 1 Answers 4 views 0

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    2021-07-16T06:20:21+00:00

    Answer:

    the answer is 4%

    Step-by-step explanation:

    585/12=48.75

    50.81-48.74=2.06

    now 2.06 that’s the money from interest rate

    so now 2.06/50.81=0.04

    so the answer is 4%

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