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. 14.55 C. 68.75 D. 34.38

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. 14.55
C. 68.75
D. 34.38

1 Answer

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. 14.55 C. 68.75 D…

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