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Is your car loan compound monthly? or continuously?

slimpiggy(瘦猪犹如插翅虎)
(#176930@0)
Last Updated: 2001-8-23
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如果新车的最后总价为25,000，mortgage rate为6.20，3年还清，偿还的利息为多少？25,000 x 0.062 x 3 = 4,650？是这样算吗？
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