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Tara purchased a car using a 6 - year car lease at 7 . 2 0 % compounded quarterly that required her to make payments

Tara purchased a car using a

6 -

year car lease at

7.20 %

compounded quarterly that required her to make payments of $

451

at the beginning of each month. Calculate the cost of the car if she made a down payment of $

2, 750 .

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