[Solved] You have decided to buy a car priced at $

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You have decided to buy a car priced at $ 4 5 , 0 0 0 . The dealer offers to finance the entire amount

You have decided to buy a car priced at $

45, 000 .

The dealer offers to finance the entire amount and requires

60

monthly payments of $

950

per month. What are the yearly stated and effective interest rates for this financing?

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