Question: Please help! Thank you! Q1. Q2. (i got wrong answers for this question) Present value. A smooth-talking used-car salesman who smiles considerably is offering you

Please help! Thank you!

Q1. Please help! Thank you! Q1. Q2. (i got wrong answers for this

Q2. question) Present value. A smooth-talking used-car salesman who smiles considerably is offering (i got wrong answers for this question)

Present value. A smooth-talking used-car salesman who smiles considerably is offering you a great deal on a "pre-owned" car. He says, "For only 8 annual payments of $2,400, this beautiful 1998 Honda Civic can be yours." If you can borrow money at 8%, what is the price of this car? Assume the payment is made at the end of each year. If you can borrow money at 8%, what is the price of this car

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