Question: PLEASE SHOW ALL STEPS AND CORRECT ANSWER + The following ad was placed by a used car dealer in town. $500 down $99 for first

PLEASE SHOW ALL STEPS AND CORRECT ANSWER

+ The following ad was placed by a used car dealer in town. $500 down $99 for first 24 months $199 for 24 months. What is the price of the car if the interest rate is 12% per year? + $5,335 $5,932 $7,652 $1,373

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