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Clarke borrows $16,000 to buy a new car. He pays simple interest at an annual rate of 6% over a period of 3.5 years. How much does he pay altogether?

Clarke borrows $16,000 to buy a new car. He pays simple interest at an annual rate of 6% over a period of 3.5 years. How much does he pay altogether?
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Clarke borrows $16,000 to buy a new car. He pays simple interest at an annual rate of 6% over a period of 3.5 years. How much does he pay altogether?

User Mohammed Hassan
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1 Answer

6 votes

Answer:

he pay altogether $19360

User HelloSilence
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