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You want to buy a new sports coupe for $75,200, and the finance office at the dealership has quoted you a loan with an APR
You want to buy a new sports coupe for $75,200, and the finance office at the dealership has quoted you a loan with an APR of 7 6 percent fo48 months tobuy the car What will your monthly payments be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Monthly payment What is the effective annual rate on this loan? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Effective annual rate
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