1. Calculate and discuss the amount financed, the installment price of the new car, and t

Anonymous
timer Asked: Mar 30th, 2016

Question description

The price of the used car is $20,000. Sales tax on this car is 8.4% of the price of the vehicle. You intend to finance the entire cost of the car and sales tax, less a down payment of $1,500. You intend to finance the car for 48 months and your car payment will be $455.12 per month.



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