Dom borrowed $1,650 and made 18 payments of $103.87. How much did he
pay in interest?
To find out how much Dom paid in interest, we need to first calculate the total amount he paid back to the lender by multiplying the number of payments by the amount of each payment:
18 payments x $103.87/payment = $1,870.46
So, Dom paid back $1,870.46 in total.
To calculate the amount of interest, we need to subtract the original amount borrowed from the total amount paid back:
$1,870.46 - $1,650 = $220.46
Therefore, Dom paid $220.46 in interest over the course of 18 payments.