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She will pay $1,924.02 in interest.

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Flavio Balistreri

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1y ago
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11y ago

How much was the starting loan amount.

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Q: How much would she pay in interest if the rate is 4.5 percent and she pays the loan off in 4 years?
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An inexpensive loan is one with a 0.12 percent interest rate. A medium price loan would be about a 6.5 percent interest rate. Lastly, an expensive loan would be one with an interest rate of 15 percent or more.


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If Patty is taking out a simple interest loan to buy her new 10689 car How much would she pay in interest it the rate is 4.5 percent and she pays the loan off in 4 years?

She will pay $1,924.02 in interest.


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Patty is taking out a simple interest loan to buy her new 10689 car How much would she pay in interest if the rate is 4.5 percent and she pays the loan off in 4 years?

She could have to pay $1924.02 in interest.


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