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Suppose you borrow $20,000 from your bank to buy a car. You agree to pay $420.04 per month for 60 months. What is the interest

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Suppose you borrow $20,000 from your bank to buy a car. You agree to pay $420.04 per month for 60 months. What is the interest rate (APR) for the loan? 9.5% 10.1% 10.7% 11.3% 11.9% 12.5%

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