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Sabrina gets a car loan for $7,500 at 6% for 3 years. What is the principal? PLZ HELPPPP

Sabrina gets a car loan for $7,500 at 6% for 3 years. What is the principal? PLZ HELPPPP
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3 votes
Sabrina gets a car loan for $7,500 at 6% for 3 years. What is the principal? PLZ HELPPPP

User Akanksha Atrey
by
8.3k points

1 Answer

6 votes

Answer:

$41666.67

Explanation:

Interest ×100/rate × time

7500 ×100/6×3

=$41666.67

User Marco Rohner
by
7.8k points
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