Question: Derek borrows $35,808.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 6.04%. After

Derek borrows $35,808.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 6.04%. After a 12.00 months Derek decides to pay off his car loan. How much must he give the bank?

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