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Business, 05.01.2020 03:31 annapittbull12

Use the following information and the tables in the business math handbook that accompanies the course textbook to answer the question.
$140.10 per month
cash price: $5,600
down payment: $0
cash or trade months with bank-approved credit; amount financed: $5,600 finance charge: $2,806
total payments: $8,406
what is the apr by table lookup?

a. 16.50%–16.75%
b. 17.00%–17.25%
c. 16.75%–17.00%
d. 17.25%–17.50%

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