
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 2
Joe Keener found the accompanying ad for a Ford Mustang in his local newspaper. If the sales tax in his state is 7% and the tag and title fees are $165, calculate the following information for Joe.
a. The total cost of the car, including tax, tag, and title
b. The amount financed
c. The finance charge
d. The total deferred price of the car
e. The annual percentage rate of the loan rounded to the nearest hundredth
a. The total cost of the car, including tax, tag, and title
b. The amount financed
c. The finance charge
d. The total deferred price of the car
e. The annual percentage rate of the loan rounded to the nearest hundredth
Explanation
The given data is the amount of sales pr...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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