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Mathematics, 02.09.2020 01:01 elizabethatkins1922
Bernie has decided to purchase a new car with a list price of $18,575. Sales tax in Bernie’s state is 7.40%, and he will be responsible for a $795 vehicle registration fee and a $110 documentation fee. Bernie plans to trade in his existing car, a 1999 Buick Riviera in good condition, and finance the rest of the cost for five years at an interest rate of 12.77%, compounded monthly. Assuming that the dealer gives Bernie the listed trade-in price for his car, what will his monthly payment be? Round all dollar values to the nearest cent. Buick Cars in Good Condition Model/Year 1998 1999 2000 2001 2002 Century $929 $1,086 $1,150 $1,488 $1,595 LeSabre $2,075 $2,282 $2,690 $2,935 $3,374 Regal $1,676 $1,794 $2,030 $2,214 $2,566 Riviera $1,291 $1,455 $1,520 $1,814 $1,959 a. $472.05 b. $439.12 c. $438.20 d. $518.23 Please select the best answer from the choices provided A B C D
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Bernie has decided to purchase a new car with a list price of $18,575. Sales tax in Bernie’s state i...
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