Need math help to find the (APR) and Calculate the (EAR)

Dec 1st, 2015
Price: $10 USD

Question description

Pick a credit card or home or auto offer from the mail. Find the APR and calculate the (EAR). I would need you to show me the work.

I would be borrowing $32,410 for a Nissan Maxima 2016 the (APR) is 0.9% for 36 months. I would be needing the Effective Annual Rate on this vehicle. Please show all the work.

Tutor Answer

(Top Tutor) pallveechem123
School: Rice University

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