Suppose you borrow $18,000 from your bank to buy a car. You agree to pay $416.57 per

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Suppose you borrow $18,000 from your bank to buy a car. You agree to pay $416.57 per month for 48 months. What is the APR for the loan?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Posted Date: Feb 28, 2024 12:12 AM

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Suppose you borrow $18,000 from your bank to buy a car. You agree to pay $416.57 per

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To calculate the Annual Percentage Rate APR for the loan we can us... View the full answer

Contemporary Business Mathematics with Canadian Applications

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