Solve the Problem

question 95

Multiple Choice

Solve the problem. Use the approximate APR formula to estimate the APR, and round rates to the nearest tenth of a percent.
-To help plow driveways, Joe Burk purchased a small tractor with a snowplow for $1800. He agreed to pay $90.44 per month for 22 months when he charged it. What is the approximate annual percentage rate?

• A)11.5%
• B)12.0%
• C)11.0%
• D)10.5%

---

Definitions:

Differences

Distinct characteristics or qualities that set individuals or things apart from each other.

Intersectionality

A conceptual structure designed to comprehend the ways in which various elements of an individual's social and political identities intersect, resulting in distinct forms of privilege and discrimination.

Reproductive Justice

A broader framework that combines reproductive rights with social justice, emphasizing the right to have children, not have children, and parent children in safe and healthy environments.

Categories

Classifications or divisions used to organize or group individuals, objects, or ideas based on shared characteristics or attributes.