A car was purchased for $1730 down and payments of $245 at the end of each month for six years. Interest is 2% compounde
Posted: Mon Jul 11, 2022 12:49 pm
A car was purchased for $1730 down and payments of $245 at the end of each month for six years. Interest is 2% compounded annually. What was the purchase price of the car? How much interest will be paid?
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)