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4. For the three-part question that follows, provide your answer to each part in the given workspace. Identify each part with a coordinating response. Be
4. For the three-part question that follows, provide your answer to each part in the given workspace. Identify each part with a coordinating response. Be sure to clearly label each part of your response as Part A, Part B, and Part C. Part A: What is the approximate APR formula? Part B: Keely buys a car for $18, 000 with a down payment of $1, 000. Estimate her APR to the nearest tenth of a percent if her monthly payments are $375 per month for 60 months. Part C: Show your work to support your answer to Part B.
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