Buying or Leasing a Car · Example 2
Sophia negotiates a $19,800 price for her new car. The sales tax is 9.5% in her area, and the dealership charges her $300 in documentation fees. Her title, plates, and registration come to $321.50. The dealership adds to this a destination fee of $1,100. If she places a down payment of $5,000 on the car, what is the total she will finance for the car?
OpenStax, Contemporary Mathematics · §6.11 Buying or Leasing a Car · Example 2
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