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8 March, 04:05

Price of automobile = $3,000

Number of payments made in a year=12

Number of payments made = 36

Monthly payment amount = $93.33

True annual interest rate?

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Answers (1)
  1. 8 March, 06:29
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    About 36000 because if u multiply 3000 the price of the automobile by number of payments 12 you get 36000
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