Henry Devine bought a new dishwasher for $320. He paid $20 down and made 10 monthly payments
of $34. What actual yearly interest rate did Henry pay?
A. 29.09
B. 68.75End of exam
C. 14.55
D. 34.38

Question

Henry Devine bought a new dishwasher for $320. He paid $20 down and made 10 monthly payments 
of $34. What actual yearly interest rate did Henry pay?
A. 29.09
B. 68.75End of exam
C. 14.55
D. 34.38

anonymous · Answer

why doesn't anyone help me :(

help!!!! · Answer

LOL I'm here, soo basically use A=P+PRT

help!!!! · Answer

Yeah so do you understand the formula?

help!!!! · Answer

A is accumulated interest. P is principal. R is rate. T is Time

anonymous · Answer

thank you, i appreciate it.