# Formula for figuring out interest paid on car?

Answers:0 | LastUpdateAt:2012-09-04 21:58:03

**Q**uestion- Janey
- Asked at 2012-09-04 21:58:03

How do I calculate ( or please if anyone wants to find out for me ) the amount of interest paid on a car loan ? My interest is 6.25 % and the loan is for $ 18,000 in five years . MedlinePlus
MedlinePlus
Thank you !

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