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Considerably is offering you great deal on pre-owned

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A? smooth-talking used-car salesman who smiles considerably is offering you a great deal on a? "pre-owned" car. He? says, "For only eight annual payments of $2,500, this beautiful 1998 Honda Civic can be? yours." If you can borrow money at 9?%, what is the price of this? car? Assume the payment is made at the end of each year.

If you can borrow money at 9?%, what is the price of this? car?

Reference no: EM133272988

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