You have decided to purchase a car for $19,000. The credit union requires a 10% down payment and will finance the balance with a 9% annual interest loan for 36 months. The sales tax in your city is 8.3%, and the license and title charges are $75. What is the total purchase price of the car including tax, license, and title?
a.
$19,075.00
c.
$20,652.00
b.
$18,594.30
d.
$20,577.00
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