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EAR. What is the effective annual rate (EAR) of a car loan that is advertised at 8.5% (APR) and paid with weekly paymenst? The effective

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EAR. What is the effective annual rate (EAR) of a car loan that is advertised at 8.5% (APR) and paid with weekly paymenst? The effective annual rate (EAR) of the car loan at 8.5% APR with weekly payments is %. (Round to two decimal places.)

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