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You want to buy a new sports coup for $76,500, and the finance office at the dealership has quoted you an APR of 5.8 percent

You want to buy a new sports coup for $76,500, and the finance office at the dealership has quoted you an APR of 5.8 percent for a 72 month loan to but the car. What will your monthly payment be?

what is the effective annual rate on this loan?

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