You have decided to purchase a car for $25,625. 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 7.5%, and the license and title charges are $175.13. What is the total purchase price of the car including tax, license, and title? Round your answer to the nearest cent.
a.
$24,949.80
c.
$27,722.01
b.
$24,967.32
d.
$27,735.14

Question

You have decided to purchase a car for $25,625.  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 7.5%, and the license and title charges are $175.13. What is the total purchase price of the car including tax, license, and title? Round your answer to the nearest cent.
a.
$24,949.80
c.
$27,722.01
b.
$24,967.32
d.
$27,735.14