Mathematics, 06.01.2020 21:31 jorgeyaritzy2001
Erry has just purchased a new car, which had a list price of $16,825. she had to pay 7.19% sales tax, a $1,128 vehicle registration fee, and a $190 documentation fee. terry traded in her previous vehicle, a 2003 honda element in good condition, and financed the rest of the cost over five years at an interest rate of 10.59%, compounded monthly. if the dealer gave terry 90% of the listed trade-in value on her car, how much will terry have paid in interest, once the loan is paid off? (round all dollar values to the nearest cent, and consider the trade-in to be a reduction in the amount paid.)
honda cars in good condition
model/year
2000
2001
2002
2003
element
$5,887
$6,080
$6,225
$6,622
odyssey
$8,450
$8,693
$8,928
$9,224
insight
$4,384
$4,661
$5,006
$5,440
accord
$6,356
$6,626
$6,817
$7,114
a.
$5,657.08
b.
$3,721.28
c.
$3,817.63
d.
$3,914.68
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