Register
Karen took a loan out for $18,000 for a used car with an annual interest rate of 5.75%. If she plans to have the loan for 60 months, how much will she have to pay back to the loan company?
181k views
0 votes
Karen took a loan out for $18,000 for a used car with an annual interest

rate of 5.75%. If she plans to have the loan for 60 months, how much will

she have to pay back to the loan company?

User Neutrinus
by
4.6k points

1 Answer

6 votes

Answer: 23,175

Step-by-step explanation: If she took a loan of 18,000 you add it with 5,175 because that is the interest rate. And you get 23,175. Hope this helped :)

User Fedeteka
by
5.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

What is the value of x? (-4) - x = 5
1/7 + 3/14 equivalent fractions
185g in the ratio 2:3
(3x1,000,000)+(3x100,000)+(2x100) what is this number written in standard form?
The function h = -t2 + 95 models the path of a ball thrown by a boy where h represents height, in feet, and t represents the time, in seconds, that the ball is in the air. Assuming the boy lives at sea
Link Copied!