Mellody has just purchased a car and is financing $26, 866 of the cost. The lender...
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Mellody has just purchased a car and is financing $26, 866 of the cost. The lender has offered Mellody an interest rate of 8.6 % for 72 months (6 years). Determine Mellody's cost of financing the car. Round your answer to the nearest cent, if necessary. Mellody has just purchased a car and is financing $26, 866 of the cost. The lender has offered Mellody an interest rate of 8.6 % for 72 months (6 years). Determine Mellody's cost of financing the car. Round your answer to the nearest cent, if necessary.
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