# ALGEBRA

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Suppose you see a car with an advertised price of \$30,250 at \$605.15 per month for 5 years. What is the amount of interest paid

• ALGEBRA -

Pt = \$605.15/mo * 60mo. = \$36,309 = Total paid.

I = \$36,309 - %30,250 = \$6059.

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