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LizbeeNaties LizbeeNaties
  • 20-02-2017
  • Business
Answered

You have arranged for a loan on your new car that will require the first payment today. the loan is for $32,000, and the monthly payments are $620.

required: if the loan will be paid off over the next 60 months, what is the apr of the loan?

Verified Answer :

Anonymous Anonymous
  • 22-02-2017

65.643 is the answer of the interest rate

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