[Solved] Suppose you finance $36,000 to purchase a

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Suppose you finance $36,000 to purchase a car. The loan is to be paid off in 6 years and interest will be accrue at 1.2%

Suppose you finance $36,000 to purchase a car. The loan is to be paid off in 6 years and interest will be accrue at 1.2% compounded monthly.

What will your monthly payment be?

What will the total interest on the loan be?

How much interest will you save if you make payments of $800 a month?

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