Register
You borrow $10,000 to buy a car. The simple interest rate is 3%. You pay the loan off after 6 years. What is the total amount you paid for the loan?
154k views
4 votes
You borrow $10,000 to buy a car. The simple interest rate is 3%. You pay the loan off after 6 years. What

is the total amount you paid for the loan?

User Zackygaurav
by
7.9k points

1 Answer

11 votes
10,000+1,800=11,800 that’s the answer I believe
User Quality
by
8.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.8m questions

11.4m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Link Copied!