Business, 24.07.2020 21:01 taythestargazer2382

You want to buy a new sports coupe for $74,500, and the finance office at the dealership has quoted you a loan with an APR of 6.9 percent for 36 months to buy the car. Required:
a. What will your monthly payments be?
b. What is the effective annual rate on this loan?

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You want to buy a new sports coupe for $74,500, and the finance office at the dealership has quoted...

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