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A new sports coupe costs $41,750 and the finance office has quoted you an APR of 7.75 compounded monthly, for 36 months. What is the

A new sports coupe costs $41,750 and the finance office has quoted you an APR of 7.75 compounded monthly, for 36 months. What is the EAR? 8.03 percent 7.81 percent 8.13 percent 7.98 percent 7.76 percent

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