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While buying a new car, Phillip made a down payment of $ 8 0 0 . 0 0 and agreed to make month - end

While buying a new car, Phillip made a down payment of $800.00 and agreed to make month-end payments of $250.00 for the next 3 years and 9 months. If she was charged an interest rate of 3.00% compounded quarterly for the entire term, answer the following, rounding to the nearest cent.
a. What was the cost of the car when Phillip purchased it?
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