REAL ANSWERS ONLY Rudy has arranged to buy a car for $10,240. He has a $3000 trade-in allowance and will make a $2000 down payment. He will finance the rest with a 3-year auto loan at 3.4% APR. What is

REAL ANSWERS ONLY

Rudy has arranged to buy a car for $10,240. He has a $3000 trade-in allowance and will make a $2000 down payment. He will finance the rest with a 3-year auto loan at 3.4% APR.
What is the total amount of interest he will pay? Round your answer to the nearest dollar.

$288

$279

$271

$188

REAL ANSWERS ONLY Rudy has arranged to buy a car for $10,240. He has a $3000 trade-example-1

2 Answers

REAL ANSWERS ONLY Rudy has arranged to buy a car for $10,240. He has a $3000 trade-in allowance and will make a $2000 down payment. He will finance the rest with a 3-year auto l…

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