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Sarah negotiated a price of $25,230.00 for a new Toyota Camry Hybrid Sedan. She is prepared to give a down payment of 13%. Her

 

 

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Sarah negotiated a price of $25,230.00 for a new Toyota Camry Hybrid Sedan. She is prepared to give a down payment of 13%. Her credit union offered her a 7-year amortized loan for the remaining amount at a rate of 1.95%. How much money will be paid in interest? $ What will the monthly payment be? 69 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? Sarah negotiated a price of $25,230.00 for a new Toyota Camry Hybrid Sedan. She is prepared to give a down payment of 13%. Her credit union offered her a 7-year amortized loan for the remaining amount at a rate of 1.95%. How much money will be paid in interest? $ What will the monthly payment be? 69 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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