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Sarah negotiated a price of $ 25 , 780.00 $25,780.00 for a new Toyota Camry Hybrid Sedan. She is prepared to give a down payment
Sarah negotiated a price of $ 25 , 780.00 $25,780.00 for a new Toyota Camry Hybrid Sedan. She is prepared to give a down payment of 15 %. Her credit union offered her a 6-year amortized loan for the remaining amount at a rate of 1.55 %. How much money will be paid in interest? $ What will the monthly payment be? $ How much will the car cost, in total? $ If she got a simple interest loan at the same interest rate and time, how much would she pay in interest? $
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