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Help Please..

Karina wants to buy a jet ski from Wacky Water Sports. She is going to buy the jet ski during a Memorial Day Special. With the discount, the jet ski will cost $2925. She needs to get a loan from their finance department. They offered her a simple interest loan at a rate of 6.5%. The length of the loan will be 48 months. How much will she spend in interest for the jet ski loan?

User Stueynet
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1 Answer

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She should have to pay $380.25 in interest for the jet ski.

User Dvvrd
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