Eddy purchased a club membership costing 2530 he made a


Eddy purchased a club membership costing $2,530. He made a down payment of $530 and financed the balance with an installment loan for 48 months. If the payments are $59.27 each month, use Table 13-1 from your text to find the APR.

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Financial Management: Eddy purchased a club membership costing 2530 he made a
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