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$ $5000/semiannual period for 7 years at 3 %/year compounded semiannually 2. [0/14.28 Points] DETAILS PREVIOUS ANSWERS TANFIN12 5.2.025. MY NOTES Lup made a
$ $5000/semiannual period for 7 years at 3 %/year compounded semiannually 2. [0/14.28 Points] DETAILS PREVIOUS ANSWERS TANFIN12 5.2.025. MY NOTES Lup made a down payment of $9000 toward the purchase of a new car. To pay the balance of the purchase price, she has secured a loan from her bank at the rate of 5%/year compounded monthly. Under the terms of her finance agreement she is required to make payments of $430/month for 48 months. What is the cash price of the car? (Round your answer to the nearest cent.) $ 17865.55 X
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