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Business, 21.09.2019 03:30 hannaboo53

Dennis has just made the final monthly payment necessary for paying off his car financing. when he purchased the car three years ago, it had a list price of $23,878. dennis traded in his good-condition 2001 honda odyssey and financed the rest of the cost at an interest rate of 11.82%, compounded monthly. the dealer gave dennis 85% of the trade-in value of his car, listed below. dennis was also responsible for paying 9.05% sales tax, a $1,474 vehicle registration fee, and a $225 documentation fee. all told, how much did dennis pay in interest? (round all dollar values to the nearest cent, and consider the trade-in to be a reduction in the amount paid.)
a.$3,919.77b.$3,906.80c.$4,599.44d. $3,668.52

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Dennis has just made the final monthly payment necessary for paying off his car financing. when he p...

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