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An individual financed the purchase of a new car. If the loan had an annual rate of 1.77% compounded annually, and he had to make
An individual financed the purchase of a new car. If the loan had an annual rate of 1.77% compounded annually, and he had to make $784 monthly payments for 5 years, how much did they pay in interest over the 5 years? Use the Finance application.
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