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Blake bought a new car and financed $11,000 to make the purchase. He financed the car for 48 months with an APR of 4.5%. Assuming
Blake bought a new car and financed $11,000 to make the purchase. He financed the car for 48 months with an APR of 4.5%. Assuming he made monthly payments, determine the total interest Blake paid over the life of the loan. Round your answer to the nearest cent, if necessary
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