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just olya [345]
3 years ago
6

You purchase a car using a 20,000 loan with a 5% interest rate suppose you pay the loan off after 4 years how much interest do y

ou pay on your loan suppose you pay the loan off after 2 years how much interest do you save by paying the loan off sooner
Mathematics
2 answers:
Andreas93 [3]3 years ago
5 0
In 4 years you pay interest of 4000 and if you finish pay the loan in two years you pay only 2000
Alex787 [66]3 years ago
3 0
In 4 years you pay interest of 4000 and if you finish pay the loan in two years you pay only 2000
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