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Business, 04.04.2020 06:04 kennakenken3

Effective annual rate: Raj Krishnan bought a Honda Civic for $17,345. He put down $6,000 and financed the rest through the dealer at an APR of 4.9 percent for four years. What is the effective annual rate (EAR) if the loan payments are made monthly

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Effective annual rate: Raj Krishnan bought a Honda Civic for $17,345. He put down $6,000 and finance...
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