Question

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

Answer 1

1650

Explanation:

Answer 2

11K

Explanation:

22,000/5=4.4

4.4x2.5=11

I apologize if it is incorrect....I tried my hardest to make sense of this question