Business
Business, 04.10.2019 19:10, aalyyy

You want to buy a new sports coupe for $93,500, and the finance office at the dealership has quoted you an apr of 7.5 percent for a 48 month loan to buy the car. a. what will your monthly payments be? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. what is the effective annual rate on this loan? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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