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Suppose you bought a car and you needed a $15,000 bank loan to do so. You want to pay back the loan in 4 years

Suppose you bought a car and you needed a $15,000 bank loan to do so. You want to pay back the loan in 4 years with monthly payments at the end of each month. The bank tells you that your monthly payments will be $369.72. What is the nominal rate of annual interest that the bank is proposing to charge you?

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