You want to buy a new sports coupe for 74300 and the


You want to buy a new sports coupe for $74,300, and the finance office at the dealership has quoted you a loan with an APR of 6.7 percent for 72 months to buy the car.

Monthly payment:

Effective annual rate:

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Financial Management: You want to buy a new sports coupe for 74300 and the
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