Question: While buying a new car, Jamie made a down payment of $800 and agreed to make month-end payments of $320 for the next 3 years

While buying a new car, Jamie made a down payment of

While buying a new car, Jamie made a down payment of $800 and agreed to make month-end payments of $320 for the next 3 years and 9 months. She was charged an interest rate of 4% compounded semi-annually for the entire term. a. What was the purchase price of the car

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