MatHBoi07 MatHBoi07

01-02-2017
Mathematics

contestada

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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JuiceWebb JuiceWebb

01-02-2017

Do $12,000(1+.08/12)^4

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