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Sultan's used cars just sold you a cluncker. You financed the $32,000 purchase price for 48 months. They said your payment would be $790. What

Sultan's used cars just sold you a cluncker. You financed the $32,000 purchase price for 48 months. They said your payment would be $790. What interest rate did they charge you (assume monthly compounding)? Show formulas, not excel

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