Kent sold his car to Carolynn for $2000 down and monthly payments of $295.88 for 3 1/2

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Kent sold his car to Carolynn for $2000 down and monthly payments of $295.88 for 3 1/2 years, including interest at 7.5% compounded monthly. What was the selling price of the car?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:41 AM

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Kent sold his car to Carolynn for $2000 down and monthly payments of $295.88 for 3 1/2

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Selling price Down payment Present value of the monthly paym...View the full answer

Business Mathematics In Canada

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