Question

Please help!! 

David is buying a new car for $21,349.00. He plans to make a down payment of $3,000.00. If he's to
make monthly payments of $352 for the next five years, what APR has he paid?
A. 5%
B. 59%
C. .05%
D. 5.9%

Answer 1

The correct answer for the question that is being presented above is this one: "A. 5%." David is buying a new car for $21,349.00. He plans to make a down payment of $3,000.00. If he's to make monthly payments of $352 for the next five years, the APR is 5%