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Use the following to answer the next 2 questions: A car was purchased for $1500.00 down and payments of $265.00 at the end of each
Use the following to answer the next 2 questions: A car was purchased for $1500.00 down and payments of $265.00 at the end of each month for 4 years. Interest if 9% compounded quarterly. What was the purchase price of the car? $12720.00 $12162.54 $10622.54 $2057.46 $265.00
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