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A dealer sold a car to Derek for $3600 down and end-of-month payments of $435 for 6.5 years, including interest at 2.61% compounded annually. What
A dealer sold a car to Derek for $3600 down and end-of-month payments of $435 for 6.5 years, including interest at 2.61% compounded annually.
What was the selling price of the car?
a.
$31207.46
b.
$34807.46
c.
$10380.16
d.
$6170.02
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