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Hillier Hillier
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Posts: 550
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6 years ago
Sam got a job at the Brick. He immediately finances a car paying $500 every month for 3 years. The interest is 2.25% compounded semi-annually. How much is the interest cost of the financing?
A) $17 392.96
B) $408.04
C) $603.37
D) $607.04
E) $609.81
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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wrote...
6 years ago
D
Hillier Author
wrote...
6 years ago
Thanks so much
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