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Taylor secured a 4 - year car loan at 6 . 2 0 % compounded annually that required him to make payments of $ 8

Taylor secured a 4-year car loan at 6.20% compounded annually that required him to make payments of $886.62 at the beginning of each month. Calculate the cost of the car if he made a downpayment of $2,000.
Round to the nearest cent

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