Question: Question 2 View Policies Current Attempt in Progress Brian Lee bought a Honda Civic for $17,345. He put down $6,000 and financed the rest through

Question 2 View Policies Current Attempt in Progress Brian Lee bought a Honda Civic for $17,345. He put down $6,000 and financed the rest through the dealer at an APR of 10.0 percent for four years. What is the effective annual interest rate (EAR) if the loan payments are made monthly? (Round answer to 2 decimal places e.s. 15.25%.) Effective Annual interest rate %

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