[Solved] You take out a $42,000 loan to buy a chur

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You take out a $42,000 loan to buy a churro maker for your living room. The bank quotes you 15% APR for a 72 month

You take out a $42,000 loan to buy a churro maker for your living room. The bank quotes you 15% APR for a 72 month loan. What are your monthly payments? ($888.09) What is the effective rate? (16.0755%)

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how do you solve these algebraically

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