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Question 8 of 15 While buying a new car, Taylor made a down payment of $900 and agreed to make month-end payments of $270 for
Question 8 of 15 While buying a new car, Taylor made a down payment of $900 and agreed to make month-end payments of $270 for the next 4 years and 5 months. She was charged an interest rate of 5% compounded semi-annually for the entire term. a. What was the purchase price of the car? SO100 Round to the nearest cent $0.00 Round to the nearest cent b. What was the total amount of interest paid over the term? $0.00 Round to the nearest cent
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