Alicia borrowed $15,000 to buy a car. She borrowed the money at 8% for 6 years. How much will she have to pay the bank at the end of the 6 years?

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asked Sep 26, 2019 184k views

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Flpe · Answer 1 · 2019-09-28T08:01:09+0000

I got the answer of 200 because she borrowed 15,000 and she borrowed the money for 8% which is equal to .08 for 6 years so then you divide it by 6 and get 200 but If someone gets something else please correct me.

Alicia borrowed $15,000 to buy a car. She borrowed the money at 8% for 6 years. How much will she have to pay the bank at the end of the 6 years?

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