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

Question

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

in progress
0

Mathematics
2 weeks
2021-07-16T06:18:58+00:00
2021-07-16T06:18:58+00:00 1 Answers
4 views
0
## Answers ( )

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%