[Solved] Aused car dealer tells you that if you pu

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Aused car dealer tells you that if you put $2.500 down on a particular car your payments will be $ 450 per month for 5

Aused car dealer tells you that if you put $2.500 down on a particular car your payments will be $ 450 per month for 5 years at a nominal interest rate of 15%. Assuming monthly compounding, what is the cost of the car

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