What will be the apr for this auto loan
Problem
An automaker promotion loan on a $20,000 automobile and a down payment of 20% are being financed for 48 months. The monthly payments will be $367.74. What will be the APR for this auto loan?
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An automaker promotion loan on a $20,000 automobile and a down payment of 20% are being financed for 48 months. What will be the APR for this auto loan?
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