Mathematics, 03.02.2020 22:54 maysahdabest
Terry has just purchased a new car, which had a list price of $16,825. she had to pay 7.19% sales tax, a $1,128 vehicle registration fee, and a $190 documentation fee. terry traded in her previous vehicle, a 2003 honda element in good condition, and financed the rest of the cost over five years at an interest rate of 10.59%, compounded monthly. if the dealer gave terry 90% of the listed trade-in value on her car, how much will terry have paid in interest, once the loan is paid off? (round all dollar values to the nearest cent, and consider the trade-in to be a reduction in the amount paid.)
Answers: 3
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