Question: While buying a new car, Lucy made a down payment of $800 and agreed to make month-end payments of $220 for the next 3 years

3 years and 9 months. She was charged an interest rate of

While buying a new car, Lucy made a down payment of $800 and agreed to make month-end payments of $220 for the next 3 years and 9 months. She was charged an interest rate of 4% compounded semi-annually for the entire term. Close Date: Sun, Jun 7, 2020 11:59 PM Question 4 of 6 a. What was the purchase price of the car? k SUBMIT QUESTION Question 4 of 6 b. What was the total amount of interest paid over the term? Round to the nearest cent SUBMIT

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