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If you take out a 4-year $8,000 car loan that calls for monthly payments at an APR of 10%, compounded monthly, what is your monthly

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If you take out a 4-year $8,000 car loan that calls for monthly payments at an APR of 10%, compounded monthly, what is your monthly payment? What is the effective annual interest rate on the loan? (Round your answer to the nearest cent.) PMT \$ What is the effective annual interest rate on the loan? (Round your answer to 2 decimal places. Do not round intermediate calculations.)

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