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A car was purchased with a $1500 down payment and $265 monthly payments made at the end of each month for four years. The interest

A car was purchased with a $1500 down payment and $265 monthly payments made at the end of each month for four years. The interest rate is 9% compounded monthly. What was the purchase price of the car? 13,148 12,780 11,270 12,148

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