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Nutka1998 [239]

2 years ago

8

Cleo buys a new car for $18,900. The simple interest rate is 6.6% and the amount of loan (plus simple interest) is repayable in

5 years. What is the total amount that must be repaid?

1 answer:

MakcuM [25]2 years ago

6 0

Answer:

$6,237 down payment

Step-by-step explanation:

calculated $18,900$ × $6.6%$ %× $5 = $6,237$

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