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Lucinda wants to buy a car that is available at two dealerships. The price of...

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Finance

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Lucinda wants to buy a car that is available at two dealerships. The price of the car is the same at both dealerships. Luczak Motors would let her make quarterly payments of 55.800.00 for 7 years at a quarterly interest rate of 3.87 percent. Her first payment to Lucia Motors would be due immediately. If White Cars would let her make equal monthly payments of $3,000.00 m a monthly interest rate of 2.18 percent and it her first payment to White Cars would be in 1 month, then how many monthly payments would Lucinda need to make to White Cars? 22.39 (plus or minus 0.3 payments 44.52 plus or 0.3 payments 42.95 plus or minus 0.3 payments) 21.78 plus minus 0.3 payments) 2005 plus or minus 0:3 payments)

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