Question: Emily paid 1200 as a down payment for a second hand car and she had to borrow the rest of the money She had to

Emily paid 1200 as a down payment for a second hand car and she had to borrow the rest of the money She had to pay $150 at the end of each month for five years to pay back what she borrowed. The bank charges interest on The loan at 7.5%compounded monthly.

What is the cash price of the car

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