Business, 18.12.2019 02:31 soevse

Lupe made a down payment of $2200 toward the purchase of a new car. to pay the balance of the purchase price, she has secured a loan from her bank at the rate of 11%/year compounded monthly. under the terms of her finance agreement she is required to make payments of $200/month for 48 months. what is the cash price of the car? (round your answer to the nearest cent.)

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Lupe made a down payment of $2200 toward the purchase of a new car. to pay the balance of the purcha...

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