Question 14 Esther pays $355 per month for 6 years for a car She made a down payment of $2.500 If the loan costs 7 1% per year compounded monthly, what was the cash price of the car? a) O S20,763 80 b) OS3425200 O O $29.252 00

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Question 14
Esther pays $3S5 per month for 6 years for a car She made a down payment of $2.500 If the loan costs 7 1% per year compounded monthly, what was the cash price of the car?
a) O S20,763 80
b) O$34252.00
O O $29252 00
Transcribed Image Text:Question 14 Esther pays $3S5 per month for 6 years for a car She made a down payment of $2.500 If the loan costs 7 1% per year compounded monthly, what was the cash price of the car? a) O S20,763 80 b) O$34252.00 O O $29252 00
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