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pishuonlain [190]
3 years ago
8

Dana is purchasing a new car that costs $24,650. The bank is charging 4% simple interest for 6 years to finance the car. Using I

= PRT, where I represents the amount of interest, P equals the amount financed, R represents the interest rate as a decimal, and T represents the number of years the car is financed, how much interest will Dana pay?
Mathematics
1 answer:
tia_tia [17]3 years ago
4 0

Answer:

5,916

24650 \times 0.04 \times 6 = 5916

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