jmatayah7080 jmatayah7080
  • 28-03-2024
  • Mathematics
contestada

Fred purchased a new car. His monthly payments are $450 per month. He will be paying on his car for 5 years, and the loan costs 8% per year compounded monthly. What was the original cost of the car?
a) $20,000
b) $21,000
c) $22,000
d) $23,000

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