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A college student is buying a new subcompact car which costs $ 2 6 0 0 0 plus 8 % sales tax. The title, license
A college student is buying a new subcompact car which costs $ plus sales tax. The title, license and registration fees are $The dealer offers her a financing program that starts with a monthly payment of $ and each successive payment will increase by a constant dollar amount $X The dealer offers to finance of the car's price, taxes and fees for months at a nominal interest rate of per year compounded monthly.
How much is the constant dollar increase $X
How much is the last payment?
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