Business Studies, asked by kalyanisaitoram, 2 months ago

A car loan is taken for $19,000 to be paid back in 7 years, with monthly payments of $335. What nominal annual interest rate is being charged in this loan?

a)1.00%

b)12.83%

c)12.00%

d)17.79%

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Answers

Answered by ritikjain36
0
D)17.79 hence proved
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