taylorgonzales123
taylorgonzales123
03-10-2018
Mathematics
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rocket3989
rocket3989
03-10-2018
initial loan = $14,000
period of 6 years, or 12*6 = 72 months
monthy payment = $247
sum of minimum payments = 72*247 = 17,784
interest = payments - initial
interest = 17,784 - 14,000 = $3,784
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