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For the car loan described, give the following information. A car dealer will sell you a used car for $6,498 with $798 down and payments

For the car loan described, give the following information.

A car dealer will sell you a used car for $6,498 with $798 down and payments of $164.51 per month for 48 months.

(a) interest rate (Round your answer to two decimal places.) ____% (b) APR (rounded to the nearest tenth of a percent) ____ %

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