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Jeremiah buys a used car for $9,500 . Because it's an older car and Jeremiah's credit score is below 500 , his interest rate is
Jeremiah buys a used car for $9,500
. Because it's an older car and Jeremiah's credit score is below 500
, his interest rate is 11%
on a 5
year loan. Hismonthly payments are $206.55
. What is Jeremiah's total payback amount and how much of that is interest?
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