You are borrowing $4,285 to purchase a computer using a 36 month installment plan. Determine the annual percentage rate (APR) and the monthly payment given that the interest charge is $513.26. Round your answer to the nearest whole percent and to the nearest cent.

Question

anonymous · Answer

ok so the cent is i think $513.20 because the youre rounding to the nearest cent

anonymous · Answer

ok thanks

anonymous · Answer

but if you want the percent youre gonna have to ask someone else and your welcome

greengalaxy · Answer

51.326%

anonymous · Answer

k i did not know that thanks for answering the percent