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Business, 23.09.2019 20:30 beelcypher

You want to buy a new sports coupe for $84,500, and the finance office at the dealership has quoted you an apr of 5.2 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.)

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