Business
Business, 20.02.2020 20:55, alyssa337

You are looking to buy a car and you have been offered a loan with an APR of 5.7 %, compounded monthly. a. What is the true monthly rate of interest? b. What is the EAR?

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You are looking to buy a car and you have been offered a loan with an APR of 5.7 %, compounded month...

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