Register

You purchase a car with a $23,000 loan with %4 simple interest rate. Suppose you pay off the loan after 5 years. How much interest do you pay on your loan?

You purchase a car with a $23,000 loan with %4 simple interest rate. Suppose you pay off the loan after 5 years. How much interest do you pay on your loan?
6.0k views
5 votes
you purchase a car with a $23,000 loan with %4 simple interest rate. Suppose you pay off the loan after 5 years. How much interest do you pay on your loan?

User Fbielejec
by
7.7k points

1 Answer

3 votes

Answer:

Answer: $4,600

Explanation:

User Samy Louize Hanna
by
8.6k points
← Prev Question Next Question →

Related questions

User Anique
asked Feb 27, 2024 229k views
Solve the arithmetic operation. 4* 3+9-8 ^ 3 %4+9*4
Anique asked Feb 27, 2024
by Anique
9.2k points
1 answer
2 votes
229k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!