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question 76

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Solve the problem. Use the approximate APR formula to estimate the APR, and round rates to the nearest tenth of a percent.
-Jordan wants to buy an electric guitar for $320. The music store offers to let him buy it on credit, paying only $11.14 per month for 33 months. What is the finance charge? What is the approximate annual percentage rate?


Definitions:

PivotTable Fields Pane

The section in Excel that allows users to choose fields from their dataset to add to a PivotTable for analysis.

Show or Hide

A feature in software applications that allows users to display or conceal specific elements within the user interface, such as menus, toolbars, or information panels.

Quick Layout Button

A feature in spreadsheet and presentation software that allows rapid changes to the layout of charts, tables, or slides for better visualization.

PivotChart Layout

The arrangement and visual design of elements in a PivotChart, a graphical representation of data in a PivotTable in spreadsheet software, which can be customized.

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