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Posted on May 19, 2024

You get a $ 1 5 , 0 0 0 car loan for 4 years at 6 . 7 5 % interest. The lender charges

You get a $

15, 000

car loan for

4

years at

6.75 %

interest. The lender charges $

250

for an origination fee

(

which is added to your loan amount

) .

What is your APR? Round to the nearest hundredth of a percent.

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