A student has a total of $3,000.00 in student loans that will be paid with a 48-month installment loan with monthly payments of $73.94. Use an annual percentage rate table to determine the APR of the...

9.A student has a total of $3,000.00 in student loans that will be paid with a 48-month installment loan with monthly payments of $73.94. Use an annual percentage rate table to determine<br>the APR of the loan to the nearest one-half of a percent.<br>O A. 7.5%<br>O B. 8.5%<br>OC. 9.5%<br>O D. 8.0%<br>

Extracted text: A student has a total of $3,000.00 in student loans that will be paid with a 48-month installment loan with monthly payments of $73.94. Use an annual percentage rate table to determine the APR of the loan to the nearest one-half of a percent. O A. 7.5% O B. 8.5% OC. 9.5% O D. 8.0%

Jun 05, 2022
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