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A $25,000 car loan has payments of $650 due at the end of each month for 5 years. What is the annual interest rate? A.

A $25,000 car loan has payments of $650 due at the end of each month for 5 years. What is the annual interest rate?

A. 43.80%

B. 19.11%

C. 1.59%

D. 1.66%

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