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A car loan is taken for $8,000 to be paid back in 7 years, with monthly payments of $213. What nominal annual interest rate is

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A car loan is taken for $8,000 to be paid back in 7 years, with monthly payments of $213. What nominal annual interest rate is being charged in this loan? O 31.31% O 27.00% O 26.82% 2.25%

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