The north arctic rangers federation narf bought a 32500, Business Economics

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The north arctic rangers federation narf bought a 32500

Show work and explain please for lifesaver...

The North Arctic Rangers Federation (NARF) bought a $32,500 car.The loan has monthly payments of $610.34 for 5 years.

A: What is the interest rate (APR) on the loan? What is the effective rate?

B: They just made the 15^th payment. What is the outstanding balance on the loan?

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Business Economics: The north arctic rangers federation narf bought a 32500

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Business Economics: The north arctic rangers federation narf bought a 32500

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