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Elysa bought a car priced at $8297 for 12% down and equal semi-annual payments for 3 years. If interest is 12% compounded annually, what is
Elysa bought a car priced at $8297 for 12% down and equal semi-annual payments for 3 years. If interest is 12% compounded annually, what is the size of the semi-annual payment?
The size of the semi-annual payment is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places asneeded.)
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