Esther pays $467 per month for 6 years for a car. She madea down payment of $3,700. If the loan costs 7.1% per yearcompounded monthly, what was the cash price of the car?
a) $31,014.63
b) $45,469.53
c) $23,614.63
d) $27,314.63
e) $38,069.53
f) None of the above.
Esther pays $467 per month for 6 years for a car. She made a down payment of $3,700. If the loan costs 7.1% per year c
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