Lynette bought a new car for $34,000. She paid a 10% down payment and financed the remaining balance for 48 months with an APR of 4.1%. Assuming she made monthly payments, determine the total cost of Lynette’s car. Round your answer to the nearest cent, if necessary.
Lynette bought a new car for $34,000. She paid a 10% down payment and financed the remaining balance for 48 months with an APR of 4.1%. Assuming she made monthly payments, determine the total cost of Lynette’s car. Round your answer to the nearest cent, if necessary.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Lynette bought a new car for $34,000. She paid a 10% down payment and financed the remaining balance for 48 months with an APR of 4.1%. Assuming she made monthly payments, determine the total cost of Lynette’s car. Round your answer to the nearest cent, if necessary.
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