Gracey6432 Gracey6432
  • 24-06-2021
  • Business
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Chris Anderson bought a Honda Civic for $17,345. He put down $6,000 and financed the rest through the dealer at an APR of 8.6 percent for four years. What is the effective annual interest rate (EAR) if the loan payments are made monthly

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Jolie2323
Jolie2323 Jolie2323
  • 24-06-2021
0.111 annual interest rate pay. Made monthly
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