Sara borrowed 25,500 to purchase a new car .if the rate on the loan is 8%compounded quarterly , how much will she pay in total over the course of the 5 years loan?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section: Chapter Questions
Problem 29RE: Alejandro deposits $80 of his monthly earnings into an annuity that earns 6.25% annual interest,...
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Sara borrowed 25,500 to purchase a new car .if the rate on the loan is 8%compounded quarterly , how much will she pay in total over the course of the 5 years loan?
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