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Purkit took a car loan of $35,000 at 3% per year for 5 years. i. How much interest will she pay in the second month
Purkit took a car loan of $35,000 at 3% per year for 5 years.
i. How much interest will she pay in the second month of the loan?
ii. How much total interest will she pay at the end of the 5-year loan term?
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