Mathematics, 21.04.2020 20:09, maddyclark19

Cal needs a car. The new car he want costs $23 750. The dealership has offered him 2.5%
financing compounded monthly with monthly payments for a 3 year term. What is the total
cost of buying the car if he sells it after three years? (Depreciation on a vehicle is 40% per
year.)

Answers: 2

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Cal needs a car. The new car he want costs $23 750. The dealership has offered him 2.5%
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Cal needs a car. The new car he want costs $23 750. The dealership has offered him 2.5% financing compounded monthly with monthly payments for a 3 year term. What is the total cost of buying the car if he sells it after three years? (Depreciation on a vehicle is 40% per year.)

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Cal needs a car. The new car he want costs $23 750. The dealership has offered him 2.5%
financing compounded monthly with monthly payments for a 3 year term. What is the total
cost of buying the car if he sells it after three years? (Depreciation on a vehicle is 40% per
year.)