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Question 5 0/10 pts You are buying a new car and plan to finance it for 4 years. Due to your credit score, the lender
Question 5 0/10 pts You are buying a new car and plan to finance it for 4 years. Due to your credit score, the lender is offering you a loan with monthly payments that charges 1.3% interest per month on the outstanding balance. What is the APR of this loan? Enter your answer as a percentage number, for example, for 10.33% enter 10.33 only. Round your answer to two decimals. 15.6 margin of error +/0.1%
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