luis mahia purchases a porsche boxster for $45,600 and finances the entire amount at an annual interest rate of 7.9% for 7 years find the monthly payment assume the sales tax is 6% of the purchase price and the license fee is 1% of the purchase price (round your answer to the nearest cent)

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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luis mahia purchases a porsche boxster for $45,600 and finances the entire amount at an annual interest rate of 7.9% for 7 years find the monthly payment assume the sales tax is 6% of the purchase price and the license fee is 1% of the purchase price (round your answer to the nearest cent)

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