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he following ad was placed by a used car dealer in town. $500 down +...

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Accounting

he following ad was placed by a used car dealer in town.

$500 down +

$99 for first 36 months +

$199 for 12 months.

What is the price of the car if the interest rate is 18% per year?

A. $1,051

B. $4,034

C. $4,508

D. $4,008

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