taylorgonzales123 taylorgonzales123
  • 03-10-2018
  • Mathematics
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rocket3989 rocket3989
  • 03-10-2018
initial loan = $14,000

period of 6 years, or 12*6 = 72 months

monthy payment = $247

sum of minimum payments = 72*247 = 17,784

interest = payments - initial

interest = 17,784 - 14,000 = $3,784
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