N #46802) Homework > Part 1 of 2 Points: 0 of 1 Save A property was purchased for $7240.00 down and payments of $873.00 at the end of every six months for 6 years. Interest is 5% per annum compounded quarterly. What was the purchase price of the property? How much is the cost of financing? The purchase price of the property was $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) View an example Textbook 0 F2 APR ? SM tv A ? ww MacBook Air Clear all Check answer ZOOM 0/- 80 000 11 000 F3 F4 F5 F6 F7 F8 F9 F10 F11 F12