SOLUTION: Suppose you see a car with an advertised price of $30,200 at $600.65 per month for 5 years. What is the amount of interest paid?

SOLUTION: Suppose you see a car with an advertised price of $30,200 at $600.65 per month for 5 years. What is the amount of interest paid?

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Question 634620: Suppose you see a car with an advertised price of $30,200 at $600.65 per month for 5 years. What is the amount of interest paid?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
600.65*60=36039.00
36039-30200=$5839.00
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