Amy buys a car for $18,300. She makes a $1300 down payment and takes out a 5 year loan at 11% interest.  Her monthly payment is  $370.60.  How much interest will she pay?
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1 Answer

borro munee, pae 370.60$/month for 5 yeers

5 yeers=60 months

370.60*60=22,236$

borro=18,300 -1,300$=17,000$

22,236$ -17,000=5,236$ interest
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