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Damian took out a car loan for $10,500 that has a 0% APR for the first 12 months and will be paid off with monthly payments over 3 years. For how many months will Damian be charged interest? A. 24 months
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Damian took out a car loan for $10,500 that has a 0% APR for the first 12

months and will be paid off with monthly payments over 3 years. For how
many months will Damian be charged interest?

A. 24 months
B. 48 months
C. 36 months
D. 12 months

User Adam Neal
by
6.4k points

1 Answer

2 votes

Answer: 24 Months

Explanation:

User Haoest
by
6.9k points
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