What is the total interest paid that you will be paying, Finance Basics

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What is the total interest paid that you will be paying

Assignment Task: Assume you want to buy a Car on an auto loan. Your total Car loan (or Car price) is $35,000. The bank charges you 4.5% rate with 72 months of installments

Assume you want to buy a Car on an auto loan. Your total Car loan (or Car price) is $35,000. The bank charges you 4.5% rate with 72 months of installments. What is the total interest paid that you will be paying over the 72 months for this loan?

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Finance Basics: What is the total interest paid that you will be paying

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Finance Basics: What is the total interest paid that you will be paying

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