90.8k views
1 vote
Lydia finds a car that costs 13,000, And She has 2,500 saved for a down payment. If she qualifies for a 5% interest rate, how much will the interest be calculated on?

13,000?

12,000?

15,500?

10,500?

THANKS IN ADVANCE!! :)

1 Answer

2 votes

The interest will be calculated on 10500 since she has already 2500 saved.

User UtahJarhead
by
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