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To pay for a $17,200 truck, Jina made a down payment of $3300 and took out a loan for the rest. On the loan she paid monthly payments of $249.77 for 5 years. How much interest did Jina pay in the loan?
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To pay for a $17,200 truck, Jina made a down payment of $3300 and took out a loan for the rest. On the loan she paid monthly payments of $249.77 for 5 years. How much interest did Jina pay in the loan?

User GordyD
by
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1 Answer

2 votes

Answer:

1,086.20

Explanation:

17200-3300=13900

249.77×60=14986.20-13900= 1086.20

User Paulo Roberto Rosa
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