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Henry Devine bought a new dishwasher for 320 He paid20 down and made 10 monthly payments of 34 What actual yearly interest rate did Henry pay?
$29.09
Henry devine bought a new dishwasher for 320.00 he paid 20 down and made 10 monthly payments of 34what actual yearly interest rate did Henry pay?
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?
Henry Devin bought a new dishwasher for 320. He paid Y down and made Y monthly payments of 34. What actual yearly interest rate did Henry paid?
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 paid?
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?
29.09%
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?
Henry paid an annual percentage rate of approximately 28%. Working through the math, the dishwasher was $320 if bought outright. Henry paid $20 down at the time so he was financing $300 ($320 - $20) and made $340 (10 * $34) in payments over 10 months. To determine the rate, we use the formula for computing an annuity: PRINCIPAL = (PMT / PERIODICRATE) * (1 - (1 / ((1 + PERIODICRATE) ^ Periods))) Where: PRINCIPAL = amount borrowed = $300 PMT = periodic payment = $34 PERIODS = number of payments = 10 PERIODICRATE= the APR we are looking for divided by 12 Solving for PeriodicRate we get about 2.34%. Multiply by 12 and we get 28.09%. Using Microsoft Excel, we could use the "rate()" formula as follows: =rate(10,-34,300) = 2.34% * 12 = 28.09%
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How many calories are in a Bavarian creme donut?
About 240 to 320 depending on which place you bought it at.
How old is Henry Pelham?
Henry Pelham was born on September 25, 1694 and died on March 6, 1754. Henry Pelham would have been 59 years old at the time of death or 320 years old today.
What is 323 rounded to the nearest ten?
320
How many watts in a 320 volt dishwasher?
The rated voltage of an appliance is no guide to its power rating. To find out the power (watts), you will need to look at your washing machine's nameplate, which will indicate both its rated voltage and its rated power.
What is 80 times 4?
320.
