Tasha Borrowed $13,000 to Purchase a New Car at an Annual

question 127

Multiple Choice

Tasha borrowed $13,000 to purchase a new car at an annual interest rate of 9%. She is to pay it back in equal monthly payments over a 5 year period. How much total interest will be paid over the period of the loan?
Round to the nearest dollar.

• A) $4145
• B) $3192
• C) $1457
• D) $98

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Definitions:

Alzheimer's Disease

A progressive neurological disorder that causes brain cells to waste away and die, leading to memory loss and cognitive decline.

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the state of a person's body, often relating to their level of fitness, health, and ability to perform physical activities.

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A balanced nutritional plan that provides the body with the essential nutrients, vitamins, and minerals required for optimal health and functioning.