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An automobile dealership offers a car with $0 down payment, $0 first month's payment, and $0 due at signing. The monthly payment, starting at the
An automobile dealership offers a car with $0 down payment, $0 first month's payment, and $0 due at signing. The monthly payment, starting at the end of month two, is $362 and there are a total of 30 payments. Assume that the APR is 9% compounded monthly. Find the negotiated sales prices. Choose the closest answer below. OA. P $9,620. O B. P $9,693. O c. P $38,287. O D. P $12,038
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