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The BMW M 5 retails for $ 8 0 , 0 0 0 ( all taxes included ) . BMW Financial Services offers a 5

The BMW M

5

retails for $

80, 000 (

all taxes included

) .

BMW Financial Services offers a

5 -

year car loan at an interest rate of

4 %

with end

-

-

month payments. The payments are $

1, 473.32 .

How much reinvestment interest does BMW earn over the life of the loan?

(

Round your answer to two decimal places.

)

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