The selling price of the car is $19,000.00
<h3>What is Selling Price?</h3>
This refers to the amount of money that a customer is willing to pay for a product or service.
Given that the payment plan for three years is:
$356.82 +
$356.82 +
$356.82
= $1,070.46
The interest paid by Evita over three years is $2,408.91 x 3
= $7,226.73
Hence, we can see that the question is incomplete but because there is a 25.36% interest rate, then the selling price is $19,000
Read more about selling price here:
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