Tasha borrowed $13,000 to purchase a new car at an annual interest rate of 9%. She is to pay it back in equal monthly payments over a 5 year period. How much total interest will be paid over the period of the loan?
Round to the nearest dollar.
A) $4145
B) $3192
C) $1457
D) $98

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The Answer of Tasha borrowed $13,000 to purchase a new car at an annual interest rate of 9%. She is to pay it back in equal monthly payments over a 5 year period. How much total interest will be paid over the period of the loan?
Round to the nearest dollar.
A) $4145
B) $3192
C) $1457
D) $98

Tasha Borrowed $13,000 to Purchase a New Car at an Annual