Noah bought a new car costing $25,350 He took out a 5 year loan at a simple interest rate of 6 5% How much interest did Noah pay on his car?

Tanmoy Bhowmick asked Jan 28, 2023

9,504 views

27 votes

Tanmoy Bhowmick asked Jan 28, 2023

3.2k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

14 votes

Answer:

1,647.75

Explanation:

Well 25,340 times the interest rate .065 which equals 1647.75

Ronen Yacobi answered Feb 2, 2023

3.1k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers