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If Sally purchases a car for $22,000 with a 5 year loan having a 2.5% interest rate, how much simple interest will she have to pay on the loan? A.$2,750.00 B.$19,250.00 C.$24,750.00 D.$275,000.00
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If Sally purchases a car for $22,000 with a 5 year loan having a 2.5% interest rate, how much simple

interest will she have to pay on the loan?

A.$2,750.00
B.$19,250.00
C.$24,750.00
D.$275,000.00

User Kevin Suchlicki
by
4.7k points

1 Answer

2 votes
It is out of A or D but I want to go with A
User Sanooj T
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