{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-25T15:08:26-04:00", "answer_date": "2024-05-25 15:08:26", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1693463", "url": "\/study-help\/questions\/you-want-to-buy-a-new-sports-coupe-for-78500-1693463", "question_creation_date_js": "2024-05-25T15:08:26-04:00", "question_creation_date": "May 25, 2024 03:08 PM", "meta_title": "[Solved] You want to buy a new sports coupe for $7 | SolutionInn", "meta_description": "Answer of - You want to buy a new sports coupe for $78,500, and the finance office at the dealership has quoted you an APR of 6 pe | SolutionInn", "meta_keywords": "buy,new,sports,coupe,$78,500,finance,office,dealership,quoted,apr,6,percent", "question_title_h1": " You want to buy a new sports coupe for $78,500, and the finance office at the dealership has quoted you an APR of 6", "question_title": " You want to buy a new sports coupe for $78,500, and", "question_title_for_js_snippet": "You want to buy a new sports coupe for $78,500, and the finance office at the dealership has quoted you an APR of 6 percent for a 60 month loan to buy the car a What will your monthly payments be (Do not round intermediate calculations and round your answer to 2 decimal places, e g , 32 16 ) b 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 ) a Monthly payment b Effective annual rate ", "question_description": "\"image", "transcribed_text": "You want to buy a new sports coupe for $78,500, and the finance office at the dealership has quoted you an APR of 6 percent for a 60-month loan to buy the car. a. What will your monthly payments be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. 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.) a. Monthly payment b. Effective annual rate %", "related_book": { "title": "The Company Valuation Playbook Invest With Confidence", "isbn": "1838470816, 978-1838470814", "edition": "1st Edition", "authors": "Charles Sunnucks", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/2024\/01\/659e8d7741ff1_719659e8d773d380.jpg", "uri": "\/textbooks\/the-company-valuation-playbook-invest-with-confidence-1st-edition-978-1838470814-187563", "see_more_uri": "" }, "free_related_book": { "isbn": "1349331163", "uri": "\/textbooks\/david-ricardo-great-thinkers-in-economics-1st-edition-9781349331161", "name": "David Ricardo Great Thinkers In Economics", "edition": "1st Edition" }, "question_posted": "2024-05-25 15:08:26", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/suppose-that-there-is-parity-between-the-australian-dollar-and-468397", "description": "Suppose that there is parity between the Australian dollar and the United States dollar. 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