Question
Karen sold her car to Jadon for $2,000.00 down and end-of-month payments of $151.00 for 2 years, including interest at 3.75% compounded monthly. What was
Karen sold her car to Jadon for $2,000.00 down and end-of-month payments of $151.00 for 2 years, including interest at 3.75% compounded monthly. What was the selling price of the car? Show work and round final answer to the nearestcent.(2marks)
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
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