The table shows a schedule of Igor's payment plan for a used car.
Igorr's Payment Plan for the First Three Years
Balance
Monthly Payment
Year
End of Year
Balance
245.33
$245.33
$245.33
2
3
$8,831.88
How much is Igor's total closed-end credit for the car?
$11,775.84
$14,719.80
$23,551.68
$26,495.64
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