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.
1 â MattyB @MattyBRaps: Whatever your dream - make sure you don't settle for less than God's best! 9:23 pm - 11 jun 12. â 2  fuse: There Is a 9-Year-Old Rapper on the Billboard Charts Retrieved March 2, 2013. â  Picture of MattyB's school uniform (similar to the Wesleyan School uniform) March 2, 2013.