Mathematics, 10.03.2020 11:00 3000517
Helen is buying a $12,375 car with a $3000 down payment, followed by 36 monthly payments of $325 each. The down payment is aid immediately, and the monthly payments are due at the end of each month. What nominal annual interest rate is Helen paying? What effective interest rate?
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Helen is buying a $12,375 car with a $3000 down payment, followed by 36 monthly payments of $325 eac...
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