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To pay for a $23,600 camper, Dan made a down payment of $4700 and took out a loan for the rest. On the loan, he
To pay for a $23,600 camper, Dan made a down payment of $4700 and took out a loan for the rest. On the loan, he paid monthly payments of $418.35 for 4 years.
(a) | What was the total amount Dan ended up paying for the camper (including the down payment and monthly payments)? |
(b) | How much interest did Dan pay on the loan? |
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