# Dealing with interest best answer gets 10 points!!1?

Answers:0 | LastUpdateAt:2012-08-15 13:19:03

**Q**uestion- Tebbie
- Asked at 2012-08-15 13:19:03

Lupe made a payment of $ 2,000 for buying a new car. To pay the balance of the purchase price , which has obtained a loan from your bank at a rate of / 13 % per annum compounded monthly. Under the terms of its financing agreement that is required to make payments of $ 210/month for 48 months. What is the cash price of the car? ( Round your answer to the nearest cent . )

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