Question: Jack borrows $ 2 8 , 3 0 5 to pay for a car. The loan carries an annual rate of 5 . 3 %

Jack borrows $28,305 to pay for a car. The loan carries an annual rate of 5.3% and he wants to be debt free in 6 years by making biweekly payments (26 per year). How much interest will he pay on this loan?
Round your answer to the nearest dollar.

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