Recently, you needed money and agreed to sell a car you had inherited at a...
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Finance
Recently, you needed money and agreed to sell a car you had inherited at a price of $55,000, to be paid in monthly payments of $1,500 for 42 months. What interest rate did you charge for financing the sale?
7.78 percent
7.25 percent
6.84 percent
8.33 percent
6.50 percent
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