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An automobile dealership offers a car with $0 down payment, $0 first month payment and $0 due at signing. The monthly payment, starting at the end of the month 2, is $301.88 and there are a total of 38 payments. If the APR (annual % rate) is 11.44% compounded monthly the negotiated sales prices is?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91230633

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