Question: Question 5 You borrowed $ 2 5 , 0 0 0 to buy your dream car. The loan requires a $ 5 0 0 monthly

Question 5
You borrowed $25,000 to buy your dream car. The loan requires a $500 monthly fend of monthy payment for 50 monts. What is the loan's Annual Percentage Rate (APPP
0.62%
7.68%
7.476
37.10%
Question 5 You borrowed $ 2 5 , 0 0 0 to buy your

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