Question: Answer the following and show complete solutions. The correct answer is exactly one of the choices there, so please show your calculations. The answer is

Answer the following and show complete solutions. The correct answer is exactly one of the choices there, so please show your calculations. The answer is there in the choices.

Answer the following and show complete solutions. The correct answer is exactly

Kai is buying a used car. Payments will be $382.50 every month for 3 years, with the first payment at the end of 8 months. The interest rate is 5.600% compounded weekly. What is the equivalent cash price of the car? a. X=$11,873.04. b. X=$12,705.60. c. None of the other answers is correct. d. X=$12,240.25. e. X=$12,485.06

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