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Anna Conda purchased a new Toyota Landcruiser for $96,000 and financed $82,000 with a 5 year, 6% loan. Following the format of the loan disclosure

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Anna Conda purchased a new Toyota Landcruiser for $96,000 and financed $82,000 with a 5 year, 6% loan. Following the format of the loan disclosure statement, answer the following question. What is total finance or interest cost associated with the loan? $13,104 $13,632 $12,615 $12,206 This Toyota auto loan charges compound (monthly compounded) interest. True False

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