Question: Joseph secured a 5-year car loan at 5.90% compounded annually that required her to make payments of $881.70 at the beginning of each month. Calculate

Joseph secured a 5-year car loan at 5.90% compounded annually that required her to make payments of $881.70 at the beginning of each month. Calculate the cost of the car if she made a downpayment of $2,750.

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