Respuesta :

Amount borrowed = $1,250

Amount paid per payment = $45.15

Number of times payment was made = 36

This implies

The total amount paid is

[tex]36\times\text{\$}45.15=\text{\$}1625.40[/tex]

Hence, the total amount paid = $1,625.40

Interest is calculated using

Interest = Total amount paid - Amount borrowed

Hence, the interest is

[tex]\begin{gathered} I=\text{\$}1625.40-\text{\$}1250 \\ I=\text{\$}375.40 \end{gathered}[/tex]

Therefore, the interest she paid is $375.40