You want to buy a new sports coupe for $74,400, and the finance office at the dealership has quoted you a loan with an apr of 6.8 percent for 48 months to buy the car. what will your monthly payments be? (do not round intermediate calculations and round your answer to 2 decimal places,
e. g., 32.16.) monthly payment $ what is the effective annual rate on this loan? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places,
e. g., 32.16.) effective annual rate %
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