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You want to buy a new sports car from Muscle Motors for $50,000. The contract is in the form of a 48-month annuity due (payment

You want to buy a new sports car from Muscle Motors for $50,000. The contract is in the form of a 48-month annuity due (payment is at the beginning) at 9.5% APR? What will your monthly payment be? What is the effective annual interest on the loan

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