Question: Smart Serve Ontario Spring 2023) This test: 12 point(s) possible This question: 3 point(s) possible A car was purchased for $2160 down and payments of
Smart Serve Ontario Spring 2023) This test: 12 point(s) possible This question: 3 point(s) possible A car was purchased for $2160 down and payments of $309 at the end of each month for five years. Interest is 2% compounded quarterly. What was the purchase price of the car? How much interest will be paid? 2 and 13) Question 2 of 5 The purchase price of the car was s (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The amount of interest that will be paid is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) > T
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