Multiple Choice
Bethany purchased a $35,000 car three years ago using a 6 percent, 5-year loan. She has decided that she would sell the car now, if she could get a price that would pay off the balance of her loan. What is the minimum price Bethany would need to receive for her car?
A) $9,680,67
B) $15,267.12
C) $22,242.11
D) $23,429.19
Correct Answer:
Verified
Correct Answer:
Verified
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