Your Child's Orthodontist Offers You Two Alternative Payment Plans

question 73

Multiple Choice

Your child's orthodontist offers you two alternative payment plans.The first plan requires a $4,000 immediate up-front payment.The second plan requires you to make monthly payments of $137.41,payable at the end of each month for 3 years.What nominal annual interest rate is built into the monthly payment plan?

• A)12.31%
• B)12.96%
• C)13.64%
• D)14.36%
• E)15.08%

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Individuals who are in the later stages of their life, often defined by age, typically considered to be those 65 years and older.

Group Homes

Residential facilities providing therapy and support for people with special needs, such as those with disabilities, elderly, or youth in foster care.

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