What is the effective rate of a monthly car loan that is advertised at 9.5% (APR)?

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Financial Management Core Concepts

ISBN: 978-0132671033

2nd edition

Authors: Raymond M Brooks

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Question Posted: May 08, 2014 07:42 AM

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What is the effective rate of a monthly car loan that is advertised at 9.5% (APR)?

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Financial Management Core Concepts

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