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3 July, 17:04

Asaph took out a loan of $17, 550. To pay it back, he will make 60 monthly payments of $437. How much will Asaph pay in interest?

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  1. 3 July, 17:07
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    Total paid

    437*60=26,220

    Total interest

    26,220-17,550

    =8,670
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