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You want a car that is $21,463 plus tax, it comes to 24,253.19. your savings are $6000 therefore you only need $18,253.19 You are approved

You want a car that is $21,463 plus tax, it comes to 24,253.19. your savings are $6000 therefore you only need  $18,253.19 You are approved for a loan from the bank for the amount of $18,253.19. You can buy the vehicle for $584.00 each month for the next 5 years. 


How much have you paid for the car in interest?

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