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
6.8k 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
8.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.0m questions

11.6m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!