What is the amortization schedule of the first six payments

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Moulton motors is advertising the following deal on a used Honda Accord: "monthly payments of $225.58 for the next 54 months and this beauty can be yours!" the sticker price of the car is $9,000. if you bought the car, what interest rate would you be paying in both APRIL and EAR terms? what is the amortization schedule of the first six payments?

Reference no: EM131332933

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