You decide to purchase a car for $22,850. Assuming the sales tax is 4.9% of...
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Accounting
You decide to purchase a car for $22,850. Assuming the sales tax is 4.9% of the purchase price, find each of the following.
(a) What is the total cost, including sales tax? $ (b) If you make a down payment of 24% of the total cost, find the down payment. $ (c) Assuming you finance the remaining cost at an annual interest rate of 7.05% for 10 years, find the monthly payment.
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