A car is advertised with a price of $14298. The payment plan to own a car is $468 per month for 7 years. What is the amount of interest paid? Round to the nearest cent.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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A car is advertised with a price of $14298. The payment plan to own a car is $468 per month for 7 years. What is the amount of interest paid? Round to the nearest cent.

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