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Mathematics 11 Online
OpenStudy (anonymous):

Tasha borrowed $11,000 to purchase a new car at an annual interest rate of 7.2%. She is to pay it back in equal monthly payments over a 4 year period. How much total interest will be paid over the period of the loan? Round to the nearest dollar. Question 15 options: a) $66 b) $2762 c) $914 d) $1693

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