In the past, a car manufacturer advertised 0%financiang on many of its models. For example, a particular model had acash price of $10857.29. However, if you elected to buy the car under the 0%financing deal, then the manufacturer used a price of $12528. If you chose a 48-month term, then the manufacturer calculated your monthly loan payments using the 0% financing price instead of the cash price ($261 per month). In the fine print, the manufacturer was legally obliged to disclose the effective annual rate that it charged for the loan.What rate did the manufacturer disclose? Using financial calculator.