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If you take out an $7,700 car loan that calls for 36 monthly payments starting after...

If you take out an $7,700 car loan that calls for 36 monthly payments starting after 1 month at an APR of 9%, what is your monthly payment? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
  Monthly payment $   
b.

What is the effective annual interest rate on the loan? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
  Effective annual interest rate %  
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