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.
Young Rapper. MattyB first became interested in hip hop music[/kwlink] at the age of five. He said that he was drawn to the beats and right away wanted to take dance lessons! When his cousin Mars, a 19-year-old rapper, moved in with his family, he listened to Marsâ music and rapped his lyrics to him. Matty pestered his cousin to help him write a rap and make a video so they finally did it.