Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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Question
For the car loan described, give the following information.
A car dealer will sell you the $30,750 car of your dreams for $6,000 down and payments of $663.06 per month for 60 months.
(c) interest rate (Round your answer to two decimal places.)
% = ?
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