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A light-duty pickup truck has a manufacturer's suggested retail price (MSRP) of S13,300 on its window. After haggling with the salesperson for several days, the
A light-duty pickup truck has a manufacturer's suggested retail price (MSRP) of S13,300 on its window. After haggling with the salesperson for several days, the prospective buyer is offered the following deal: "You pay a $1.276 down payment now and S237 each month thereafter or 35 months and the ruck w ill be yours." The APR at his dealership s 2 3% compounded month , How good a deal s s relative to M R The difference of the offer is S or %, against the l SR Round he first answer to the nearest dollar Round he second answer to two decimal places
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