Mathematics, 03.11.2020 01:00 abolton04

Please help 40 pts need explanation? The Colvilles are buying a new car. The cash price is $35,000.00. They will make a down payment of 20% or $5,000. The balance will be covered by an installment loan. The loan will be repaid in 48 monthly payments of $651. The annual percentage rate for the loan is _%

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Please help 40 pts need explanation? The Colvilles are buying a new car. The cash price is $35,000....

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