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24 May, 00:51

Asaph took out a loan for $17,550. To pay it back, he will make 60 monthly payments of $437.

How much will Asaph pay in interest?

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Answers (1)
  1. 24 May, 02:30
    0
    Total payments 437*60=26,220

    Interest paid

    26,220-17,550=8,670
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