Eduardo Ruiz wants to purchase a car. The dealership is going to finance the $24,000...

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Finance

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Eduardo Ruiz wants to purchase a car. The dealership is going to finance the $24,000 loan over 4 years with monthly payments of $597.24. What is the effective annual interest rate the dealership is charging? O 9.38 percent O 9.00 percent O 9.27 percent O 9.14 percent 0.9.44 percent

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