Respuesta :
Based on the information given in the table, the amount of interest that will be paid is $2478.58.
From the complete question, it be be noted that the payment schedule for the first year is given as $7000.
Therefore, the first year interest payment for Shelby will be:
= $9478.58 - $7000
= $2478.58
Also, the number of years required to pay the loan will be 1 year.
Learn more about interest on:
https://brainly.com/question/9517445
Answer:
What is the total amount of interest Shelby will pay for the car loan?
✔ $2478.58
How many more years will it take Shelby to pay off her loan?
✔ 1
Explanation:
