Valley Auto sold a used car priced at $10 600 for 10% down and the balance to

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Valley Auto sold a used car priced at $10 600 for 10% down and the balance to be paid in equal monthly payments over four years at 7.2% compounded monthly. How much does the buyer have to pay at the end of each month?
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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