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5. A loan of amount $33000 requires a down payment of $5000 and additional payments of $800 to be made at the end of each

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5. A loan of amount $33000 requires a down payment of $5000 and additional payments of $800 to be made at the end of each month for the next 3 years. Find both the nominal interest rate compounded monthly and the annual effective interest rate of this loan

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