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Suppose that you own a local auto dealership. Carmen and Rodrigo's Sales (CARSI. Your dealership will finance a new car purchase at an APR of

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Suppose that you own a local auto dealership. Carmen and Rodrigo's Sales (CARSI. Your dealership will finance a new car purchase at an APR of 12%.compounded monthly. The terms of the financing are monthly payments of $443 for five years. The first payment is due one month after the buyer purchases the vehicle How much of the purchase price would the buyer befinancing with the loan from your dealership! Do not round at intermediate steps in your calculation Round your answer to the nearest dla Dorotype the boor

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