An automobile dealership offers a car with $0 down payment, $0 first month's payment, and $0 due at signing. The monthly payment, starting at the end of month two, is $386 and there are a total of 38...


An automobile dealership offers a car with $0 down payment, $0 first month's payment, and $0 due at signing. The<br>monthly payment, starting at the end of month two, is $386 and there are a total of 38 payments. If the interest rate is<br>12% compounded monthly, the negotiated sales price is<br>

Extracted text: An automobile dealership offers a car with $0 down payment, $0 first month's payment, and $0 due at signing. The monthly payment, starting at the end of month two, is $386 and there are a total of 38 payments. If the interest rate is 12% compounded monthly, the negotiated sales price is

Jun 06, 2022
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