15
QuizMultiple Choice

Unit Test — Unit test

Question 15 • CARE_24_25_TX-Mathematical Models with Applications B

Cassandra purchased a new car. The car had a list price of $16,870. Cassandra made a down payment of $1,800 and financed the rest, paying 12.3% interest compounded monthly over a payment period of four years. If Cassandra also had to pay 7.8% sales tax, a $895 vehicle registration fee, and a $68 documentation fee, what is her monthly payment?

Answer
A
$446.74
B
$459.42
C
$461.41
D
$507.09
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