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What monthly interest rate would you be? paying

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Reference no: EM132119209

Moulton Motors is advertising the following deal on a new Honda? Civic: "Monthly payments of ?$502.87 for the next 48 months and this beauty can be? yours!" The sticker price of the car is $21,000. If you bought the? car, what interest rate would you be paying in both APR and EAR?terms?

If you bought the? car, what monthly interest rate would you be? paying?

If you bought the? car, what annual percentage rate? (APR) would you be? paying?

If you bought the? car, what effective annual rate? (EAR) would you be? paying?

Reference no: EM132119209

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