Ask Question
20 September, 15:04

You have arranged for a loan on your new car that will require the first payment today. the loan is for $32,000, and the monthly payments are $620.

required: if the loan will be paid off over the next 60 months, what is the apr of the loan?

+4
Answers (1)
  1. 20 September, 16:59
    0
    65.643 is the answer of the interest rate
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “You have arranged for a loan on your new car that will require the first payment today. the loan is for $32,000, and the monthly payments ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers