Business, 26.02.2020 19:58 TeenageKicks9800

You bought a new car for $23,500. You put down $5,000 cash and have to take a loan out to pay for the rest. The car dealership is offering you a loan of $18,000. They say your interest rate will be 4.5% and you can pay the car off in 10 years. How much money in interest and how much will you have paid back?

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You bought a new car for $23,500. You put down $5,000 cash and have to take a loan out to pay for th...

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