A smooth-talking used-car salesman considerably is offering you a great deal on a "pre-owned" car....
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Finance
A smooth-talking used-car salesman considerably is offering you a great deal on a "pre-owned" car. He says, "For only 6 annual payments of $2,500'' the car can be yours. If you can borrow money at 8%, what is the price of this car? Assume the payment is made at the end of each year.
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