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Christina buys a new SUV for $34,500. She agrees to a 5.5 year loan at 4.3% annual interest. This results in monthly payments of $587.91.
Christina buys a new SUV for $34,500. She agrees to a 5.5 year loan at 4.3% annual interest. This results in monthly payments of $587.91. What is Christina's total payback amount and how much of that is interest?
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