Joanna's parents agree to loan her the money for a car. They will loan her $7,000 for 5 years at 4.5 simple interest. How much w
ill joanna pay interest to ger parents?
1 answer:
The loan is 7000
so per year the interest will be (7000*4.5)/100=315
315*5=1575.00 will be the interest in 5 years
You might be interested in
The answer is 80,00 pounds.
Answer:
it equal:
answer is : [0234]
Answer:
Step-by-step explanation:
function
Answer:
The First Option
Step-by-step explanation:
y - 7 = -1/4(x - 4)