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John Collins is purchasing out a loan through the dealer for the rest at a nominal annual rate of 12.31% per year compounded semi- annually
John Collins is purchasing out a loan through the dealer for the rest at a nominal annual rate of 12.31% per year compounded semi- annually for four years. The effective interest rate per month in %- nearest whole %, enter the number only in %. example: 8) a new car for $30,000. John is going to put $14.000 down payment and will take (round to the 4
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