Question- Mathab wants to buy a car and is offered two payments options (#1) cash payments of $26,889 + HST or (#2) 10% down payment + 36 monthly payments of $861.96 (taxes included). the after-tax cost is?

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter13: Sequences And Series
Section13.4: Mathematics Of Finance
Problem 16E
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Question- Mathab wants to buy a car and is offered two payments options (#1) cash payments of $26,889 + HST or (#2) 10% down payment + 36 monthly payments of $861.96 (taxes included). the after-tax cost is?
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