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Blake bought a new car and financed $15,000 to make the purchase. He financed the...

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Basic Math

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Blake bought a new car and financed $15,000 to make the purchase. He financed the car for 48 months with an APR of 4.5 %. Assuming he made monthly payments. determine the total interest Blake paid over the life of the loan. Round your answer to the nearest cent, if necessary.

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