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PLEASE ANSWER IN DETAIL. Dominique purchased a car by making a down payment of $5,000 and monthly payments of $325 at the end of every
PLEASE ANSWER IN DETAIL.
Dominique purchased a car by making a down payment of $5,000 and monthly payments of $325 at the end of every month for 7 years. If interest was 2.25% compounded monthly, what was the purchase price of the car? What was the cost financing? Round all answers to two decimal places if necessary. Enter only positive values for the "Purchase Price of the Car", and "Cost of Financing Step by Step Solution
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