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4 2 . Acaras purhased or 1 5 0 0 own and payments of 5 2 6 5 athe end of verysix months for four

42 .

Acaras purhased or

1500

own and payments of

5265

athe end of verysix months for four years. Interest is

6 %

compounded monthly.a

.

What was the purchase price of the car?b

.

How much interest will be paid?

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