Michelle Pass more is purchasing a $25,000 automobile, which is to be paid for in 60 monthly

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Michelle Pass more is purchasing a $25,000 automobile, which is to be paid for in 60 monthly installments of $489.15. What effective annual interest is she paying for this financing arrangement?

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Contemporary Engineering Economics

ISBN: 978-0136118480

5th edition

Authors: Chan S. Park

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Question Posted: Apr 21, 2016 06:37 AM

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Michelle Pass more is purchasing a $25,000 automobile, which is to be paid for in 60 monthly

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Contemporary Engineering Economics

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