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Willie took out a simple interest loan of $6,000 at 10% interest for 24 months. His monthly payment is $276.60. After 4 payments the balance is $5028.21. He pays off the loan when the next payment is due. What is the interest?

User WhatsUp
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1 Answer

4 votes
1.000 dollars and 52 cents

User Amit Nanaware
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