CyanKitten9181 CyanKitten9181

20-02-2024
Business

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A car dealer offers you a car loan with payments of $2,250, quarterly, for 5 years. If the posted APR on the loan is 12%, what is the cost of the car?
a) $80,000
b) $75,000
c) $70,000
d) $65,000

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