You forget the interest is an ANNUAL percentage and your loan is a 3 year loan, therefore you need to compound the interest amount by 3 for the length of the loan. In other words....$13000 financed @4.5% is $585 per year, multiply that by 3 years and the total interest is $1755 making the monthly payment $409.86.
Matthew David Morris aka MattyB is a 14-year-old pop singer/rapper from Atlanta, GA. He was born on January 6, 2003. Since beginning his music career at age 7, he has quickly become an Internet superstar with more than 5 Billion video views and 12 million YouTube subscribers.
Over the years, pint-sized rapper MattyB has built quite a following online. At last count, his videos had a whopping 1 billion views. Not bad for an 11-year-old. But itâs his most recent endeavor â a YouTube video defending his younger sister, Sarah Grace, who has Down syndrome â that is really lighting up the Internet. Sung to the tune of Cindy Lauperâs âTrue Colors,â he raps while 11-year-old Olivia Kay â another YouTube singing sensation â handles the vocals.