You forget the interest is an ANNUAL percentage and your loan is a 3 year loan, therefore you need to compound the interest amount by 3 for the length of the loan. In other words....$13000 financed @4.5% is $585 per year, multiply that by 3 years and the total interest is $1755 making the monthly payment $409.86.
Matthew David Morris aka MattyB is a 14-year-old pop singer/rapper from Atlanta, GA. He was born on January 6, 2003. Since beginning his music career at age 7, he has quickly become an Internet superstar with more than 5 Billion video views and 12 million YouTube subscribers.
Southern Illinois coach Matt Painter would be theperfect spokesman. Painter, just 33 years old and taking on headcoachingduties for the first time, had a message for his Salukis at the teamâs first practice last fall: Play defense and weâll win plenty of games; focus on offense and weâll struggle.