A student is buying a new car. The cars priceis $19,500,
Chapter , Problem 4-16(choose chapter or problem)
A student is buying a new car. The cars priceis $19,500, the sales tax is 8%, and thetitle,license, and registration fee is $650 to be paidin cash. Instead of buying the car now, the stu-dent has decided to save money in equal monthlyamounts for 48 months and then pay cash. If thestudent earns 0.75% per month interest on themoney she saves, how much money is the monthlysavings?
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