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?

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asked Mar 22, 2021 6.0k views

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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?

Mathematics
high-school

Fbielejec asked

by Fbielejec

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Answer:

Answer: $4,600

Explanation:

Samy Louize Hanna answered Mar 25, 2021

by Samy Louize Hanna

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