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N76 [4]
3 years ago
10

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 pe

rcent for four years. What is the effective annual interest rate (EAR) if the loan payments are made monthly
Business
1 answer:
Step2247 [10]3 years ago
6 0
0.111 annual interest rate pay. Made monthly
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