A collector made a 10000 down payment for a classic car and, Mathematics

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A collector made a 10000 down payment for a classic car and

Question: A collector made a $10,000 down payment for a classic car and agreed to make 18 quarterly payments of $1500 at the end of each quarter. If money is worth 8%, compounded quarterly, how much would the car have cost if the collector had paid cash?

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Mathematics: A collector made a 10000 down payment for a classic car and

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