Kevin gets an auto loan of $12,000 at 8% annual interest. The terms of his loan state that he has to pay $292.96 each month for 4 years. How much total interest will he have to pay?
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Home » Mathematics » Kevin gets an auto loan of $12,000 at 8% annual interest. The terms of his loan state that he has to pay $292.96 each month for 4 years. How much total interest will he have to pay?