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BabaBlast [244]
3 years ago
15

Suppose that you borrow $10,000 for five years at 7% toward the purchase of a car. Find the monthly payments and the total inter

est for the loan.
Mathematics
1 answer:
vovikov84 [41]3 years ago
5 0
The payment would be $198.01 and the total interest would be $1,880.75. Pretty straightforward with a financial calc. I can show you the keystrokes if you want, just message.
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