SOLUTION: A car dealer will sell you a used car for $7,416 with $416 down and payments of $177.92 per month for 48 months. What is the simple interest rate? (Round each answer to the nearest
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: A car dealer will sell you a used car for $7,416 with $416 down and payments of $177.92 per month for 48 months. What is the simple interest rate? (Round each answer to the nearest
Log On
Question 474299: A car dealer will sell you a used car for $7,416 with $416 down and payments of $177.92 per month for 48 months. What is the simple interest rate? (Round each answer to the nearest tenth.)
I TRIED TO DO THIS ONE ON MY OWN AND IT WAS JUST TOO HARD .CAN YOU SHOW ME HOW TO DO THIS ONE? THANKS! Answer by solver91311(24713) (Show Source):