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Forrest is purchasing a car priced at $7,299. His down payment is $299 and his...

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Forrest is purchasing a car priced at $7,299. His down payment is $299 and his monthly paymentsare $165 per month for 48 months. The deferred cost of the car isa. $7,000b. $7,299c. $7,920d. $8,219

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