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Please use Excel Functions. This one can't be broken down into 2 questions because you need the first one the answer the second Please I

image text in transcribed Please use Excel Functions. This one can't be broken down into 2 questions because you need the first one the answer the second Please I need help

17. If you buy a 13,000 car and take out a 60 month loan with a payment of 250 a month, what is your interest rate? annual rate 18. What is the effective annual rate (EAR) on the loan in #17

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