My car

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Monthly car budget=180.84
1,507✖️0.12

Yearly car budget=2,170.08
180.84✖️12 months

Total car budget=10,850.4
2,170.08✖️5years

Cost of car $4,991
Car loan interest rate 6%
Loan time 5 years

Total car cost simple interest=$1,497.3=$4,991✖️0.06✖️5years

Total car cost compound interest=4,991.06=