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Dave Krug finances a new automobile by paying $ 6 , 8 0 0 cash and agreeing to make 2 0 monthly payments of $

Dave Krug finances a new automobile by paying $6,800 cash and agreeing to make 20 monthly payments of $460
each, the first payment to be made one month after the purchase. The loan bears interest at an annual rate of 12%. What
is the cost of the automobile? (PV of $1, FV of $1, PVA of $1, and FVA of $1)(Use appropriate factor(s) from the tables
provided. Round "Table Factor" to 4 decimal places.)
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