What is the total amount that they are financing

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Reference no: EM131625320

The Williams family just bought a new van. The cost of the van is $26,857.00. State sales tax is 6% on the cost of the van. In addition, there is $250 worth of document preparation fees that must be paid. The Williams family is putting down 20% and financing the rest with a home equity loan. What is the total amount that they are financing.

Reference no: EM131625320

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