Your cousine has just bought a used car for 600 he is to
Your cousine has just bought a used car for $600. He is to pay for it as follows. A $ 2,000 down payment and 24 end of months payments of $ 177.28. What nominal annual intereste rate is being paid ? what is the actual interest rate ?
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Your cousine has just bought a used car for $600. He is to pay for it as follows. A $ 2,000 down payment and 24 end of months payments of $ 177.28. What nominal annual intereste rate is being paid what is the actual interest rate
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