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You have arranged for a loan on your new car that will require the first payment today. The loan is for $37,500, and the monthly

You have arranged for a loan on your new car that will require the first payment today. The loan is for $37,500, and the monthly payments are $680. If the loan will be paid off over the next 67 months, what is the APR of the loan?

*Show on Excel please, with Excel formulas.

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