I financed 19800 for a car the contract show annual pct rate 18.95 then shows total interest 7176 could this?

Question:
what interest am i getting charged?

Answers:

Is a pontiac GTO a good first car?

If that number is over the lifetime of the loan then it could be 18.95%. It depends on your monthly payment amount whether that makes sense.

2004 Acura TL vs. 2007 Honda Accord EX V6?

monthly interest should be approximately principal x .1895/12. First interest payment would be $312.68.

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How much for a 1978 Datsun 280Z?

what is the term ?

What is a good price for a good price for a down payment for a Chevy Cobalt?

the interest sounds about right for a three year loan . .

Would a 2002 Lancer ES cost too much for a beginner driver?

It does seem a very high interest rate though .

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How do for sale by owner car lots work?

$7176 is the total amt. paid in interest if you pay back at the scheduled number of months

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