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Cassandra obtains a loan with simple interest to buy a car that costs $8,500. if cassandra pays $1,020 in interest during the four-year term of the loan, what was the rate of simple interest? a. 8. 3%
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Cassandra obtains a loan with simple interest to buy a car that costs $8,500. if cassandra pays $1,020 in interest during the four-year term of the loan, what was the rate of simple interest?

a. 8. 3%


b. 3%


c. 0. 03%


d. 12%

User Rharter
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1 Answer

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d 12% BECUASE ITS GOOD AND SMART
User Willeman
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