I purchased a new car on April 1st for $24,000 and financed the entire amount...
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Accounting
I purchased a new car on April 1st for $24,000 and financed the entire amount at 12%. I will make 48 monthly payments, with the first payment due on May 1st. How much interest will I pay with the 2 nd payment, which is due on June 1? Round to the nearest dollar
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