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A property was purchased for $9955.00 down and payments of $750,00 at the end of every six months for years. Interest is 5% por annum

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A property was purchased for $9955.00 down and payments of $750,00 at the end of every six months for years. Interest is 5% por annum compounded annually. What was the purchase price of the property? How much is the cost of financing? The purchase price of the property was 5 (Round the final answer to the nearest cant as needed Round all intermediate values to sa decimal places as needed.) The cost of financing is Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)

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