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Ali would like to finance the purchase of his car. If he borrows $34,000 as a five-year loan from the bank and the bank requires

Ali would like to finance the purchase of his car. If he borrows $34,000 as a five-year loan from the bank and the bank requires him to make end-of-month payments $700, what is the annual interest on his loan if interest is compounded daily and the loan is completely paid off at the end of the five- year period? (Show your calculations).

show me the calculations, please

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