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A newspaper advertisement offers a $9,000 car for nothing down and 36 easy monthly payments of $287.50. What is the APR? (Round your answer to
A newspaper advertisement offers a $9,000 car for nothing down and 36 easy monthly payments of $287.50. What is the APR? (Round your answer to the nearest tenth of a percent.)
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Step: 1
To find the APR Annual Percentage Rate for this car loan we can use the formula APR Monthly Payment ...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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