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Sarah took out a 4-year loan for $17,000 to purchase a car. If the interest rate on the loan is 1.3% compounded monthly, how much will she pay in total over the 4 years? Round your answer to the hundredths
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Sarah took out a 4-year loan for $17,000 to purchase a car. If the interest rate on the loan is 1.3% compounded monthly, how much will she pay in total over the 4 years? Round your answer to the hundredths place.

User Kasimir
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7.2k points

1 Answer

11 votes

Answer:

ummm maybe 960

Explanation:

I d k... if he made no payments it'd still be 8000 right?

User MNR
by
8.1k points
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