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Calculating loan payments you want to buy a new sports

Question: Calculating Loan Payments. You want to buy a new sports coupe for $73,400, and the finance office at the dealership has quoted you a loan with an APR of 5.1 percent for 60 months to buy the car. What will your monthly payments be? What is the effective annual rate on this loan?

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Basic Statistics: Calculating loan payments you want to buy a new sports

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