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27) Kylie will sell you a used car for $500. The deal is, you put no money down and pay for the car in five

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27) Kylie will sell you a used car for $500. The deal is, you put no money down and pay for the car in five equal annual payments that include interest at lo The first payment is due one year from today!! You called the bank and they said that they would charge you 10% for a similar loan How much are the payments if you buy the car from Kylie? A. $ 100 + interest at 6% B. $ 100 + interest at 10%

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