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How much would you pay in total interest if you bought a car for $30,000 that was fully financed with a 5% auto loan that
How much would you pay in total interest if you bought a car for $30,000 that was fully financed with a 5% auto loan that lasted 10 years (assuming that you make payments annually)?
A. $24,111
B. $6,703
C. $36,956
D. $8,851
E. $15,960
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