My interest rate is 22% on an auto loan that I put $15000.00 down on. I have made all my payments on time for one year now. Eight of the payments I paid $100.00 more than the amount due.
I bought a car for $29000.00 put $15000.00 down, somehow my starting balance was $15400.00? After making 12 payments on time the pay off is $14600.00. I was pretty good at math but I cant figure this out can you?
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