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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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Requirement 3. Use the predetermined overhead allocation rates to compute the​ activity-based costs per unit of the commercial c
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The answer and procedures of the exercise are attached in the following archives.

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You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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