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Wyatt buys a car for $15,000. He gets a car loan for the entire amount for 4 years at a simple interest rate of 4.2%. How much interest will he pay for the car loan? $630 $2520 $252 $3907
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Wyatt buys a car for $15,000. He gets a car loan for the entire amount for 4 years at a simple interest rate of 4.2%. How much interest will he pay for the car loan? $630 $2520 $252 $3907

User Jlbang
by
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1 Answer

4 votes

Answer:252

Explanation:

15000*4.2%=63 simple interest is the same each time So 63*4=252

User Lidakis Manolis
by
6.0k points
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