financial math A vehicle is financed as follows: Down payment $8,000.00 and three quarterly installments of $5, XXXXXXXXXXA buyer proposes: One down payment plus an installment of $8,000.00 in nine...

financial math

A vehicle is financed as follows: Down payment $8,000.00 and three quarterly installments of $5,000.00. A buyer proposes: One down payment plus an installment of $8,000.00 in nine months. The agreed rate was 1% per quarter. What is the value of the entry proposed by the buyer, calculated on today's date and commercial criteria?