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A $10,000 car loan has payments of $361.52 due at the end of each month for three years what is the nominal interest rate? I
A $10,000 car loan has payments of $361.52 due at the end of each month for three years what is the nominal interest rate?
I know what the answer is what I need is a helpful breakdown of the formula so I can complete a similar question on my own thank you.
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