Find payment information on a loan (Unit 4D exercises 15-24) SA. You will be provided...
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Find payment information on a loan (Unit 4D exercises 15-24) SA. You will be provided with a principal, and loan terms (APR and number of years). Determine the monthly payment, total amount paid and the percentage paid towards interest. You want to buy a $12,000 car with no money down at a rate of 3% APR for 5 years. What is your monthly payment, total amount paid, and percentage of that total that goes to interest?
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