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17. Car loan problem: what is the APR on a 5 year (60 month) 25,000 loan with a monthly payment of 500? - What is

17. Car loan problem: what is the APR on a 5 year (60 month) 25,000 loan with a monthly payment of 500?

- What is the effective annual rate (EAR) on the loan in #17?

Please only use Excel Functions

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