Mathematics, 14.07.2019 06:10, ayeheavymetal

You are going to buy a new car worth $25,800. the dealer computes your monthly payment to be $509.55 for 60 months of financing. what is the dealer's effective rate of return on this loan transaction? the dealer's effective rate of return is 1 1%. (round to one decimal place.)

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You are going to buy a new car worth $25,800. the dealer computes your monthly payment to be $509.55...