| Description | Amount |
|---|---|
| Boat Price | $65,000 |
| Down Payment | $15,000 |
| Trade-In Value | $5,000 |
| Sales Tax (7.5%) | $4,875 |
| Amount Financed | $56,500 |
| Total Interest | $11,540 |
| Total Loan Cost | $68,040 |
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