Question
Siran sold his car to Zoe for $4,000.00 down and end-of-month payments of $158.60 for 2 years, including interest at 7.25% compounded monthly. What was
Siran sold his car to Zoe for $4,000.00 down and end-of-month payments of $158.60 for 2 years, including interest at 7.25% compounded monthly. What was the the selling price of the car? For full marks your answer(s) should be rounded to the nearest cent.
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
