A car was purchased for $3300 down and payments of $373 at the end of each...
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A car was purchased for $3300 down and payments of $373 at the end of each month for five years. Interest is 5% compounded annually. What was the purchase price of the car? How much interest will be paid? The purchase price of the car was $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The amount of interest that will be paid is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) A car was purchased for $3300 down and payments of $373 at the end of each month for five years. Interest is 5% compounded annually. What was the purchase price of the car? How much interest will be paid? The purchase price of the car was $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The amount of interest that will be paid is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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