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What is the final sale price of the car

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Problem 1: Kahn Motors purchased 2008 an off-lease Nissan Altima from the Nissan dealer for $9850 in 2012. Kahn Motors marked up the price by 20% of the regular selling price. After failing to sell it for 3 months, Kahn Motors decided to sell the car at a markdown of 15%. What is the final sale price of the car?

Reference no: EM132616843

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