Claire needs to borrow 4000 to pay for NHL season tickets

Last updated: 6/25/2023

Claire needs to borrow 4000 to pay for NHL season tickets for her family She can borrow from a finance company at 2 77 add on interest for 4 years or she can borrow from a credit union 48 monthly payments 93 48 each Find the APR for each loan using a TVM solver and decide which one is Claire s better choice The APR for the finance company loan is 1 Type an integer or decimal rounded to the nearest hundredth as needed