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Business, 25.11.2021 14:00 amiahmiller79
Reg has just purchased a new car. The car had a list price of $22,499, and he was responsible for 7. 96% sales tax, a $2,138 vehicle registration fee, and a $262 documentation fee. Reg’s financing has an interest rate of 10. 27%, compounded monthly, and a duration of three years. If Reg makes a monthly payment of $773. 89, which of the following was his down payment? Round all dollar values to the nearest cent. A. $2,000 b. $2,200 c. $2,500 d. $2,800.
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Reg has just purchased a new car. The car had a list price of $22,499, and he was responsible for 7....
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