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For the car loan described, give the following information. A newspaper advertisement offers a $14,950 car for nothing down and 48 easy monthly payments of $486.40.
(a) amount to be paid $ 23347.2 (b) amount of interest $ 8397.2 (c) interest rate (Round your answer to two decimal places.) %. (d) APR (rounded to the nearest tenth percent) %
Sagot :
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