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Present value A smooth taking used car salesman who simies considerably is offering you a great deal on a pro cwned out. He says. For

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Present value A smooth taking used car salesman who simies considerably is offering you a great deal on a pro cwned out. He says. For only 8 amunt payments of 82 300, this beautiful 1808 Honda Civic Can be yours. If you can borrow money at 6% what is the price of this car? Assume the payment is indem the end of each year if you can borrow money at 8%, what is the price of this car? (Round to the nearest cent.)

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