Jessie wrecked her car on the way to work and needs to purchase
a $13,000 car to replace her damaged car. If Jessie makes annual
payments on the loan and can get a loan at 6% for 5 years, what is
the total amount of interest she will pay on the loan over the life
of the loan?
$13,000
$3,086
$15,430
$2,430
Sam plans to work for 20 more years before retiring at the age
of 60. After retiring, he...