20. sarah bought a lawnmower for $320. she signed up for the buy now pay later plan at the store with the following conditions: $100 down and payments of $25 for the next 12 months. the extra cost paid by taking this plan is equivalent to what actual yearly rate of interest?
a. 85%
b. 25%
c. 67%
d. 65%
you answered : b
correct answer : c
Answers: 3
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