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You want to buy a new sports coupe for $ 8 4 , 5 0 0 , and the finance office at the dealership has
You want to buy a new sports coupe for $ and the finance office at the
dealership has quoted you an APR of percent for a month loan to buy the
car. What will your monthly payments be What is the effective annual rate on
this loan?
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Use cells A to B from the given information to complete this question. Your payment should be a positive value.
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