You have decided to purchase a car for $25,625. the credit union requires a 10% down payment and will finance the balance with a 9% annual interest loan for 36 months. the sales tax in your city is 7.5%, and the license and title charges are $175.13. what is the total purchase price of the car including tax, license, and title? round your answer to the nearest cent.

Total purchase = $28498.685

In cent = 2849868.5 cent.

Step-by-step explanation:

Given : You have decided to purchase a car for $25,625. The credit union requires a 10% down payment and will finance the balance with a 9% annual interest loan for 36 months. The sales tax in your city is 7.5%, and the license and title charges are $175.13.

To find : What is the total purchase price of the car including tax, license, and title?

Solution :

Price of car = $25,625

Sales tax = 7.5% = 0.075

The total purchase price of the car including tax is

Title charges are $175.13.

The credit union requires a 10% down payment and will finance the balance with a 9% annual interest loan for 36 months.

10% down payment on price of car

The amount will be $23062.5

Now, we find the monthly payment,

Monthly payment,  

Discount factor  

Rate = 9%=0.09

Time n=36 month

Now, put all the values we get,  

Monthly payment,  

Monthly payment is $733.38

For 36 months the payment is

Licence = $26401.68

The total purchase price of the car including tax, license, and title

Total purchase = $1921.875 + $175.13 +$26401.68

Total purchase = $28498.685

1 dollar = 100 cent

$28498.685 = 2849868.5 cent.

relating to or denoting a system of numbers and arithmetic based on the number ten, tenth parts, and powers of ten.

it alot will look like this 4.4

the answer would be 44.79

plz mark brainliest

step-by-step explanation: