A newspaper advertisement offers a $9,000 car for nothing down and 36 easy monthly payments of $317.50. What is the simple interest rate? _____%

asked Dec 28, 2023 66.0k views

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A newspaper advertisement offers a $9,000 car for nothing down and 36 easy monthly payments of $317.50. What is the simple interest rate?

_____%

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5 votes

A=$11,430 ; I=$2,430

Drew Moore answered Jan 1, 2024

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