Naomi gets a $26,000 loan in order to purchase a new car. Her loan has an interest of 3.5% and she has decided she will pay off the car in 5 years with monthly payments of $473. If Naomi makes her monthly payments for the next 5 years, what is the total amount that she will spend to pay off the car?

She will pay a total of $28380 for the car in 5 years if she pay $473 monthly

Step-by-step explanation:

Monthly payment = $473

Total duration= 5 years

Total payment = 473 x 12 x 5

= 473 x 60

=$ 28380

She will pay a total of $28380 for the car if she pay $473 monthly.

step-by-step explanation:

and 90% of people marry there 7th grade love. since u have read this, u will be told good news 2night. if u don't pass this on nine comments ur worst week starts now this isn't fake. apparently if u copy and paste this on ten comments in the next ten minutes you will have the best day of ur life tomorrow. you will either get kissed or asked out in the next 53 minutes someone will say i love u

read more on -