EFFECTIVE ANNUAL RATE : Gloria bought a car for a price of $17,345 the down payment amount
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EFFECTIVE ANNUAL RATE : Gloria bought a car for a price of $17,345 the down payment amount $6,00.00 & financed the rest through the dealer at an APR of 4.9% for 4 yrs what is the effective annual rate if payments are made monthly
DealerA dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...
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