Question: Please show your work Problem 6. (10 points) Mr. Jones bought a car. He paid $3000 for down payment, and he pays $500 at the

Please show your work Please show your work Problem 6. (10 points) Mr. Jones bought a

Problem 6. (10 points) Mr. Jones bought a car. He paid $3000 for down payment, and he pays $500 at the end of each month for 60 months for the mortgage. If the interest rate is 4% per year compounded monthly, what is the selling price of the car

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