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ina buys a new sport utility vehicle for $34,000. She trades in her Number old truck and receives $11,000, which she uses as a down
ina buys a new sport utility vehicle for $34,000. She trades in her Number old truck and receives $11,000, which she uses as a down Annual Percentage Rate of 4.0% payment. She finances the balance at 5.5% APR over 48 months. 4.5% 5.0% 5.5% Payments (Finance charge per $100 of amount financed) Before making her 12th payment, she decides to pay off the loan. 30 5.25 5.92 Answer parts a) through d) below. 6.59 7.26 36 6.29 7.09 7.90 8.71 48 8.38 9.46 10.54 11.63 a) Use the given table to determine the total interest Nina would pay if all 48 payments were made. Nina would pay $ in interest. (Round to the nearest cent as needed.)
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