Question 2 of 25

3 Points

Marc purchased a 2010 model sedan for $22,000. The dealership offered him

a $199/month payment for 36 months, after which the unpaid balance is due.

If the interest rate is 6%, find the balloon payment due at the end of 36

months.

O A. $18,499.09

O B. $18,262.21

O C. $19,726.27

O D. $15,000