An automobile dealership offers a car with $0 down payment, $0 first month's payment, and $0 due at signing. The monthly payment, starting at the end of month two, is $365 and there are a total of 39 payments. Assume that the APR is 10% compounded monthly. Find the negotiated sales prices.

In a "dutch auction" for new stock, individual investors place bids for shares directly. each potential bidder indicates the price he or she is willing to pay and how many shares he or she will purchase at that price. the highest price that permits the company to sell all the shares it wants to sell is determined, and this is the "market clearing price." all bidders who specified this price or higher are allowed to purchase their shares at the market clearing price. true false